10-year TIPS Auction

The US Department of Treasury issues Treasury Inflation-Protected Securities (TIPS) since 1997. TIPS offer investors a hedge against inflation, as the principal of this security increases with rising inflation and decreases with deflation. The US Department of Treasury auctions these securities on regularly scheduled events. Competitive bids at single-price auctions determine the interest rate paid on each issue, which is fixed. Rising interest rates on TIPS usually provide bullish signs on the US Dollar and vice-versa, lowering rates paid for these securities usually hint at a USD bearish trend.

Next event - Thursday 22 May 2025 17:00

Previous
1.935%
Actual
-

The typical/expected market impact of this event is low.

Most recent - Thursday 17 April 2025 17:00

Previous
-
Actual
-

Trading range

Announcement history

Past events

Date
Actual
Thursday 17 April 2025 17:00
-
Thursday 20 March 2025 17:00
1.935%
Thursday 23 January 2025 18:00
2.243%
Thursday 21 November 2024 18:00
2.071%
Thursday 19 September 2024 17:00
1.592%
Thursday 18 July 2024 17:00
1.883%
Thursday 23 May 2024 17:00
2.184%
Thursday 21 March 2024 17:00
1.932%
Thursday 18 January 2024 18:00
1.81%
Tuesday 21 November 2023 18:00
2.18%
Thursday 21 September 2023 17:00
2.09%
Thursday 20 July 2023 17:00
1.49%
Thursday 18 May 2023 17:00
1.39%
Thursday 23 March 2023 17:00
1.18%
Thursday 19 January 2023 18:00
1.22%
Thursday 17 November 2022 18:00
1.485%
Thursday 22 September 2022 17:00
1.248%
Thursday 21 July 2022 17:00
0.63%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next 10-year TIPS Auction result:

PreviousLatest
Michigan Consumer Expectations IndexBearish change47.346.5
Michigan Consumer Sentiment IndexBearish change52.250.8
UoM 1-year Consumer Inflation ExpectationsBullish change6.5%7.3%
UoM 5-year Consumer Inflation ExpectationBullish change4.4%4.6%
Building Permits (MoM)Bearish change1.481M1.412M
Housing Starts (MoM)Bullish change1.339M1.361M
Industrial Production (MoM)Bullish change-0.3%0%
Initial Jobless Claims(no change)229K229K
NY Empire State Manufacturing IndexBearish change-8.1-9.2
Philadelphia Fed Manufacturing SurveyBullish change-26.4-4
Producer Price Index (MoM)Bearish change0%-0.5%
Producer Price Index (YoY)Bearish change2.7%2.4%
Producer Price Index ex Food & Energy (MoM)Bearish change0.4%-0.4%
Producer Price Index ex Food & Energy (YoY)Bearish change4%3.1%
Retail Sales (MoM)Bearish change1.5%0.1%
Retail Sales Control GroupBearish change0.5%-0.2%
Retail Sales ex Autos (MoM)Bearish change0.8%0.1%
Consumer Price Index (MoM)Bullish change-0.1%0.2%
Consumer Price Index (YoY)Bearish change2.4%2.3%
Consumer Price Index ex Food & Energy (MoM)Bullish change0.1%0.2%
Consumer Price Index ex Food & Energy (YoY)(no change)2.8%2.8%
Monthly Budget StatementBullish change$-161B$258B
Initial Jobless ClaimsBullish change241K228K
Nonfarm ProductivityBearish change1.7%-0.8%
Unit Labor CostsBullish change2%5.7%

About 10-year TIPS Auction

Country:United States
Currency:USD
Source:US Department of Treasury
Category:Bond Auctions
Frequency:Irregular

Related events

United Kingdom
30-y Bond Auction
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