10-year TIPS yields fell into negative territory late yesterday following the FOMC's two-year...

|By:, SA News Editor

10-year TIPS yields fell into negative territory late yesterday following the FOMC's two-year rate commitment, reflecting traders' expectation inflation will hover over 2% for the next ten years. Holders receive an inflation-kicker along with their coupon. TIPS yields: 5-year -0.93%, 10-year 0.02%, 20-year 0.65%, 30-year 1.03%.