Now raising intellectual capital
Now you can get inflation protection for the (super) long haul
Treasury announced that it’s tweaking its TIPs program so investors can get inflation protection for 30 years rather than 20 years. It will certainly make break-even calculations much easier since the government doesn’t sell regular run-of-the-mill Treasurys with 20-year maturities.
The first batch of 30-year TIPS will be sold in February, while the 20-year variety will be discontinued immediately.