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US sells 10-year TIPS +0.232% vs +0.20% WI

US sells 10-year TIPS +0.232% vs +0.20% WI

News
Adam Button
19/05/2022 | 17:00 GMT
  • Results of the 10-year inflation-protected bond sale
  • Prior was -0.589%
  • This is a 9-year 8-month reopening
  • Bid to cover 2.24 vs 2.43 prior

The bid for inflation protection isn't what it used to be. That's a vote of confidence in the Fed.

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