WI at -0.56%
- High yield -0.58% vs WI of -0.56%
- Bid to cover 2.42x vs 2.68X last
- Dealer 10.76% vs 17..6% last
- Directs 15.2% vs 19.5% last
- Indirects 74.0% vs 62.8% last
TIPS are indexed to inflation in order to protect investors from a decline in the purchasing power of their money. As inflation rises, TIPS adjust in price to maintain its real value.