Ten Year TIPS Auction Upcoming

It’s unfortunate that the frequency of TIPS Treasury auctions seems to be decreasing. Thus, I was excited to learn that an auction of TIPS with a ten year maturity has been tentatively scheduled for September 2, 2010. The official announcement date will be August 30. If you are still building your Failsafe Retirement Income Plan, this is an auction you should consider. Last month there was an auction of 30-year TIPS but that maturity date is beyond the scope of my income plan.

You can monitor auction calendar press releases here.

Don’t forget that TIPS should be owned in a tax-deferred account. For your taxable accounts, use I-Bonds.