Treasury says it will gradually increase gross issuance of TIPS in 2012, calling the inflation...

|By:, SA News Editor

Treasury says it will gradually increase gross issuance of TIPS in 2012, calling the inflation bonds an "important part" of its overall debt management strategy. The move has the potential to drive yields further into negative territory on shorter terms. Current TIPS yields: 5-year -1.03%, 10-year -0.04%, 20-year 0.48%, 30-year 0.77%.