As I have just joined your newsletter, I am not sure if you already addressed this question. I thought someone like me as a retail investor can't play TIPS/breakevens except the etf, TIPS, which doesn't have leverage. But it seems you are doing it with IB. I would like to learn how you do that. …
As I have just joined your newsletter, I am not sure if you already addressed this question. I thought someone like me as a retail investor can't play TIPS/breakevens except the etf, TIPS, which doesn't have leverage. But it seems you are doing it with IB. I would like to learn how you do that. Would you please share some details on IB products you are using or any links I can research?
Hi Kevin,
Thanks for sharing your thoughts.
As I have just joined your newsletter, I am not sure if you already addressed this question. I thought someone like me as a retail investor can't play TIPS/breakevens except the etf, TIPS, which doesn't have leverage. But it seems you are doing it with IB. I would like to learn how you do that. Would you please share some details on IB products you are using or any links I can research?
Hi Hugh.
Welcome to the 'tourist! Thanks for your support.
You can definitely trade all the instruments I mentioned in your Interactive Brokers account. That is where I currently have mine.
I have made a screenshot of the two instruments I mentioned:
https://1drv.ms/u/s!Av_wKZFdtnCKhqEOnW3n2hhBqqcXlQ?e=pFNB0v
The instrument number for the bonds is 912828Z37
You can see that there is a standard bid/offer.
The future I use is the Ultra-10-year. The root in IB is TN, and I use the March future.
Try putting those in and let me know if you have any problems or more questions.
Thanks for writing in!
Kev
Also - here is the government website on how they work -
https://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm
thank you for the IB cusip, Kevin!
My pleasure Nick. Have a great night, Kev