Search found 2646 matches

by #Cruncher
Sat Aug 04, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: STIP (Short Term TIP) yield vs TIP
Replies: 15
Views: 1148

Re: STIP (Short Term TIP) yield vs TIP

I was looking at iShares STIP (0 TO 5 YEAR TIPS BOND) and I see this: SEC Yield: 5.64% … And what does this yield say about the market's view of inflation that TIPs, particularly short term TIPs seem attractive relative to short term Treasuries? I wouldn't draw any conclusions from the SEC 30-day y...
by #Cruncher
Thu Aug 02, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Social Security when Retiring before Benefits Begin
Replies: 24
Views: 5869

Re: Effect of Social Security when Retiring before Benefits Begin

If I correct G data field at target age (entering a negative B8) to actual amount (or close) are the numbers still valid? Yes, they should still be valid. If I understand you correctly, Reelescape1, you entered -$58,000 as the "Starting portfolio value" so as to make the "Savings Grow To" be $586,0...
by #Cruncher
Thu Aug 02, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Confused by Two DinkyTown Calculators [Retirement planning]
Replies: 20
Views: 2913

Re: Confused by Two DinkyTown Calculators

I'm not able to get that latest spreadsheet to work because Excel says the taxable income calculation is too long. [ Cheego is referring to an older version of my spreadsheet shown in this post . ] Sorry about that. Even though the line is quite long and has several nested IF functions, it worked O...
by #Cruncher
Wed Aug 01, 2018 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Three questions about Social Security
Replies: 3
Views: 729

Re: Three questions about Social Security

If I had a SS payout of 2k/month, and I took 32k of income from another source, with the 24k deduction, would SS still be tax free? No. As shown in the 2nd numerical column below, $6,000 of SS would be taxable. The "Relevant income" equals $32,000 plus half of the $24,000 SS or $44,000. This is $12...
by #Cruncher
Tue Jul 31, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Confused by Two DinkyTown Calculators [Retirement planning]
Replies: 20
Views: 2913

Re: Confused by Two DinkyTown Calculators

The 'if' statements are causing issues within my existing spreadsheet. Which "IF" statements, Cheego? In what cells of my last spreadsheet? (I sent you a private message two days ago with this question.) Would you be willing to write the sheet to do the following? That last line is the answer I'm t...
by #Cruncher
Sun Jul 29, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1656

Re: Pension-Lump Sum or Monthly Payments?

If I had taken the annuity instead, I would have received $390,549 to date. Compare that to the $509,340 above. Based on that, I believe the lump sum was the best for us economically Your analysis omits a couple of important things, Sheepdog. When they are included, the result of taking the lump su...
by #Cruncher
Sun Jul 29, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Confused by Two DinkyTown Calculators [Retirement planning]
Replies: 20
Views: 2913

Re: Need Help with Spread Sheet Calculation

What I'm looking for is a way to input the "Withdrawal less federal tax" and have the spread sheet calculate the "Starting portfolio value". I've modified the spreadsheet from my last post to do this. 1 Withdrawal less federal tax 120,000 2 Other taxable income 34,000 3 Tax deduction 12,000 4 1 for...
by #Cruncher
Sat Jul 28, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1656

Re: Pension-Lump Sum or Monthly Payments?

Monthly= $3,177 Spousal Benefit would be=$3,076* *if I pass first goes back to $3,177 Like delamer this also confuses me. I'm assuming, CAcruising, that you mean $3,177 while you're both alive; drops to $3,076 if she dies first; and remains at $3,177 if you die first. If so, and assuming average li...
by #Cruncher
Fri Jul 27, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Social Security when Retiring before Benefits Begin
Replies: 24
Views: 5869

Re: Effect of Social Security when Retiring before Benefits Begin

and B11=your current full retirement age SS benefit, taken from your latest SSA benefit statement (let's say $2900). Just be careful here. The full retirement age (FRA) benefit SSA reports assumes you continue to earn your current wage until FRA. If you retire early and don't have those wages, your...
by #Cruncher
Thu Jul 26, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Effect of Social Security when Retiring before Benefits Begin
Replies: 24
Views: 5869

Re: Effect of Social Security when Retiring before Benefits Begin

I’m not sure I’m following the formula in “I. Spending with SS.” In particular, what’s the purpose of using the MIN() function? I follow the first PMT() argument of the MIN function, but not the second one, or why you’d need to choose between the smaller of the two. Could you elaborate? The first i...
by #Cruncher
Wed Jul 25, 2018 7:32 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7046

Re: 2-Year Treasury Note Auction

Applying the APY formula to the Treasury assumes reinvestment at the original yield, ... Not so. Converting the Treasury note's yield to Annual Percentage Yield (APY) does not assume reinvestment at the original yield. It has nothing to do with reinvestment. It's simply putting the note's yield on ...
by #Cruncher
Tue Jul 24, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: What is meaning of identical yield on 5yr and 10yr TIPS ?
Replies: 13
Views: 1404

Re: What is meaning of identical yield on 5yr and 10yr TIPS ?

The best way to think about this is to start with nominal treasuries and then think about break-even inflation (bei) rates. [underline added] Huh? The original post refers to the yield curve for TIPS. Looking at break-even inflation rates across maturities tells us about the difference in yield cur...
by #Cruncher
Tue Jul 24, 2018 6:47 am
Forum: Investing - Theory, News & General
Topic: What is meaning of identical yield on 5yr and 10yr TIPS ?
Replies: 13
Views: 1404

Re: What is meaning of identical yield on 5yr and 10yr TIPS ?

The real yields for 5yr and 10yr TIPS are almost exactly the same (~0.75%). They are close; but not "almost exactly the same". According to the WSJ 7/23/2018 TIPS Quotes the July 2028 is yielding 0.830%, 0.135% points more than the 0.695% yield of the July 2023. The following table shows that the c...
by #Cruncher
Mon Jul 23, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Please - Need Help With Pension Plan Options
Replies: 16
Views: 1108

Re: Please - Need Help With Pension Plan Options

There are 9 pension options to choose from depending on if he chooses a pension with a survivor benefit and/or a social security leveling plan. All options have a pop up feature where if I predecease DH, his pension pops back up to the full monthly pension amount. The pension options are not adjust...
by #Cruncher
Sun Jul 22, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Decumulation Sequencing
Replies: 8
Views: 1454

Re: Decumulation Sequencing

I think it's a no-brainer for you to convert up to the beginning of that phantom 27% bracket. I agree except that I'd say "marginal 27% rate" instead of "phantom 27% bracket". There is nothing phantom about this; it's real money the tax man takes out of your pocket. Using the figures from the origi...
by #Cruncher
Sat Jul 21, 2018 7:13 am
Forum: Investing - Theory, News & General
Topic: How does the Fed purchase bonds
Replies: 12
Views: 954

Re: How does the Fed purchase bonds

Also, the Fed does not purchase treasuries directly from the Treasury. They can only buy them on the open market. Isn't buying at an auction considered to be purchasing "directly from the Treasury"? I often see purchases by SOMA (System Open Market Account according to the Open Market Operations li...
by #Cruncher
Fri Jul 20, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 11
Views: 942

Re: 10 Year Tips auction

10 yr TIPS currently auction as new issues in Jan and July and have auction reopenings on the subsequent odd-numbered months. Here is the complete annual schedule of 5, 10, and 30 year TIPS that has been followed since 2011: | Jan 10 | Feb 30 | Apr 5 | Jul 10 | January | Initial| | | | February | |...
by #Cruncher
Thu Jul 19, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 11
Views: 942

Re: 10 Year Tips auction

The yield came in at 0.762% (see auction results PDF file ), slightly above what I was guessing last night based on the year-to-year yield trend of July TIPS maturing 2019 - 2027 (see WSJ TIPS Quotes 7/18/2018 ): vs Prior Matures Coupon Yield Year ---------- ------ ------ -------- 07/15/2019 1.875% ...
by #Cruncher
Tue Jul 17, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Valuation
Replies: 4
Views: 911

Re: Pension Valuation

Does anybody know of any financial company website where I can enter this info in to see how much I would need to put in today (ie pension) to get $980 a month in 25 years for as long as I live. Row 11 in the table below gives the answer for various assumed growth rates. For example, it would take ...
by #Cruncher
Mon Jul 16, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4769

Re: 1-year Treasury Bill auction

My confusion started from your use of "yield" in the formula to convert bond yield to APY. APY is an effective annual rate, and is computed from the nominal annual rate. What often confuses me are terms like "nominal rate" and "effective rate". I can never remember what they signify. The simple ter...
by #Cruncher
Mon Jul 16, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4769

Re: 1-year Treasury Bill auction

For the 52-week bill ... YIELD with frequency = 2 produces approximately the same value as the Treasury's formula (differs in the 5th decimal place) ….) Since the Treasury only displays rates to the 3rd decimal place, ... and since the … fifth decimal place is thousandth's of a basis point, I'm hap...
by #Cruncher
Sun Jul 15, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4769

Re: 1-year Treasury Bill auction

As I mentioned, investment rate also can be calculated using the spreadsheet, YIELD function with frequency = 1 for Bills of six-month maturity or less, and frequency = 2 for 1-year Bills. Note that YIELD can be used for Bills of any maturity, ... For the 4-week bill issued 7/12/2018 , the 13-week ...
by #Cruncher
Sat Jul 14, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4769

Re: 1-year Treasury Bill auction

I'm not sure what Fidelity and Vanguard are showing as estimated/indicative yield, but I assume it's coupon-equivalent yield, or what is referred to as "investment rate", not discount rate, in the Treasury auction results. I base my comparisons on investment rate, not discount rate. I was probably ...
by #Cruncher
Fri Jul 13, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4769

Re: 1-year Treasury Bill auction

If you're going to precisely compare a T-Bill or a T-Note to a bank savings account or CD, I'd suggest converting their stated yields to an Annual Percentage Yield (APY) which is what the bank quotes. For a T-Bill, first compute the price based on its stated yield -- which I'm assuming is the discou...
by #Cruncher
Fri Jul 13, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Effect of Social Security when Retiring before Benefits Begin
Replies: 24
Views: 5869

Re: Effect of Social Security when Retiring before Benefits Begin

My first post showed the effect of SS benefits on the amount of spending supported by a given amount of savings. This one shows the reverse perspective: how much SS reduces the savings needed to support a given amount of spending. Col A Col B Col C Col D Col E Col F Col G Col H Col I Col J Col K Yea...
by #Cruncher
Wed Jul 11, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Social Security when Retiring before Benefits Begin
Replies: 24
Views: 5869

Re: Effect of Social Security when Retiring before Benefits Begin

For simplicity, I have always used 100% of expenses from retirement to start of SS (i.e. I need to have the actual dollars for those years in my portfolio), then 4% after start of SS. Yes, that method is certainly simpler, David. But it understates the amount of supported spending given a positive ...
by #Cruncher
Wed Jul 11, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Social Security when Retiring before Benefits Begin
Replies: 24
Views: 5869

Effect of Social Security when Retiring before Benefits Begin

If one plans to begin collecting Social Security benefits at the same time one retires, it's relatively easy to determine how much SS will affect the savings needed to fund a desired level of spending. Simply subtract the SS benefit from desired spending. The remaining amount is all that need be fun...
by #Cruncher
Sat Jul 07, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: CD ladder yield calculations
Replies: 2
Views: 594

Re: CD ladder yield calculations

Does anyone have a spreadsheet for figuring out the yield on a portfolio of fixed income securities of various durations? I'm not sure just what you're looking for, leftcoaster. But here's a little spreadsheet that may do what you want -- or at least give you ideas. For a list of CDs it calculates ...
by #Cruncher
Fri Jul 06, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11887

Re: SS taken at 62 vs. 70, but measured from 70+

...One important thing is that after the maximum 85% of SS has been taxed additional SS benefits cause only a 42.5% increase in taxable income. So for instance if one is in the 22% tax bracket, additional SS will be subject to only a 9.35% marginal tax rate. [2] I disagree. Take a single taxpayer w...
by #Cruncher
Thu Jul 05, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11887

Re: SS taken at 62 vs. 70, but measured from 70+

...But 75% of age 70 $3168/month is still lots more than 75% of age 62 $1800/month, to use numbers previously discussed... … But if 2035 falls between age 62 (63?) and 70, it definitely changes the equations. Because then you compare 100% of $1800 for a few years (before dropping to 75%) compared t...
by #Cruncher
Thu Jul 05, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Settlement -- Lumpsum vs Annuity?
Replies: 10
Views: 1137

Re: Settlement -- Lumpsum vs Annuity?

About the time of your last post, reformed.trader, I began to wonder about my assumption that the annuity payments were entirely tax free. I was taking the term, "These funds" from this paragraph in the original post to mean that they were. For illustration purposes, I will say the annuity starts at...
by #Cruncher
Thu Jul 05, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11887

Re: SS taken at 62 vs. 70, but measured from 70+

Social Security benefits are actuarially neutral, which means that you'll get roughly the same overall benefits (on a present value basis) if you live to average life expectancy, no matter what age you begin taking benefits. Those who claim at other than their Normal Retirement Age (NRA) will recei...
by #Cruncher
Wed Jul 04, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Settlement -- Lumpsum vs Annuity?
Replies: 10
Views: 1137

Re: Settlement -- Lumpsum vs Annuity?

It matters how much you think you can earn on the money. At 3% you go with the annuity, at 5% its roughly a wash and at 7% the lump sum makes more sense. The risk-free breakeven is closer to 4% than 5%. Discounting the annual cash flows at about 4.125% produces the $5 million lump sum as the presen...
by #Cruncher
Wed Jul 04, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Will I ever be able to itemize?
Replies: 64
Views: 4473

Re: Will I ever be able to itemize?

Very rough federal tax calculation, assuming $30k for 401k/HSA/IRA/insurance premiums etc, and $20k worth of deductions: 2017: 130k income - 30k - 28k (itemizing + exemptions) = 72k taxable, tax = $9870 2018: 130k income - 30k - 24k (standard deduction) = 76k taxable, tax = $8740 For a savings of $...
by #Cruncher
Wed Jul 04, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 12595

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

Doesn't the process begin with the Treasury choosing at an interest rate to offer? If so, isn't that sort of basically how auctions works? That's not how Treasury auctions work, Nisi. When it announces an auction, the Treasury doesn't set the yield. It merely states the amount it will sell. ($48 bi...
by #Cruncher
Wed Jul 04, 2018 8:32 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11887

Re: SS taken at 62 vs. 70, but measured from 70+

The 172,800 figure was not calculated by estimating a rate of return. Read the first footnote to my previous post more carefully, azanon, and you'll see that I wasn't questioning your $172,800 figure. I was questioning the $257,573 you said it would grow to in eight years. So I don't understand how...
by #Cruncher
Tue Jul 03, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11887

Re: SS taken at 62 vs. 70, but measured from 70+

... I also have $172,800 ($1800x12 months x 8 years) … say I only made 5% on the 172,800 from age 62 to 70. That's $257,573 at year 70 in an investment account plus the 1800/month going forward from age 70. ... And going forward, that $257,573 will have a real return of 4% ... but the extra "360K" ...
by #Cruncher
Tue Jul 03, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Please help me solve this Excel problem. Much appreciated!
Replies: 1
Views: 551

Re: Please help me solve this Excel problem. Much appreciated!

1. If the source contains only words with no carriage return, the paste works but I cannot edit the cell afterwards. My question is, is there a way to make it remain editable? Try Paste Special and then choose HTML in Excel. 2. If the source contains multiple paragraphs, meaning it has carriage ret...
by #Cruncher
Mon Jul 02, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 88
Views: 21738

Re: Consistent Yield & Duration to Help Choose TIPS Fund

In terms of fund returns, to reinforce your point about short term vs long term tips yields, LTPZ which is the 15+ year tips fund returned 1.81% for the quarter … Whereas vtipx, the vanguard 0-5 yr tips index returned 0.44%. If we crudely think about inflation running at 2% a yeAr or 0.50% a quarte...
by #Cruncher
Mon Jul 02, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Keeping or breaking a CD in favor of another with tax impact
Replies: 6
Views: 617

Re: Keeping or breaking a CD in favor of another with tax impact

Can anyone point me to a calculator or spreadsheet, or walk me through the calculation of figuring out the break-even point for breaking an existing CD and paying the early withdraw penalty in favor of a new CD? Here's a simple spreadsheet that I use to determine the breakeven. It's illustrated wit...
by #Cruncher
Fri Jun 29, 2018 9:16 pm
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 88
Views: 21738

Re: Consistent Yield & Duration to Help Choose TIPS Fund

I've updated the Yield to Maturity and Duration Calculator with WSJ TIPS Prices 6/29/2018 and the weighting effect of the 5-year auction in April, the 10-year auction in May, and the 30-year auction in June. As shown in the table below, the weighted average yield of the bonds in the 1+ years broad i...
by #Cruncher
Fri Jun 29, 2018 4:49 am
Forum: Investing - Help with Personal Investments
Topic: I-Bond Logistics
Replies: 14
Views: 1902

Re: I-Bond Logistics

Think I get what you mean though, if you buy the sam[e] time 6 months apart, all your bonds would be getting the same rate. No, that's not what I meant, spdoublebass. I meant that if you bought within the six month period May through October or November through April, you'd get the same rates; i.e....
by #Cruncher
Wed Jun 27, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bond Logistics
Replies: 14
Views: 1902

Re: I-Bond Logistics

You get maximum diversification by buying twice each year: once during the period May through October and again during the period November through April. All I Bonds issued during these months have the same fixed rate and will have the same sequence of composite rates applied every six months. So, f...
by #Cruncher
Tue Jun 26, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11143

Re: I-bonds look pretty bad right now

For example, setting the fixed rate to 0.3%, and both tax rates to 27% ..., setting CPI to 2.84% gives a 1-year breakeven nominal Treasury rate of 2.35%. Since the 1-year Treasury yield is about 2.35%, inflation would have to exceed 2.84% over the next year for the I Bond return to exceed the 1-yea...
by #Cruncher
Mon Jun 25, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Individual Treasuries at auction - Cost
Replies: 4
Views: 451

Re: Individual Treasuries at auction - Cost

The whole reason there is an auction is that competitive bids are either at a premium or discount to par. Bids are in terms of yield, not price. After the yield is determined at the auction, it is converted to the price by a formula. At the initial auction of a Treasury note or bond, the coupon is ...
by #Cruncher
Mon Jun 25, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11143

Re: I-bonds look pretty bad right now

… So on $10K, the deferral for five years is worth about $10. Good example to isolate the effect of deferral, Kevin. The table below expands your comparison to seven assumed inflation rates from 1.0% to 4.0%, and five different holding periods from 2 to 30 years. To make the differences more compar...
by #Cruncher
Sun Jun 24, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11143

Re: I-bonds look pretty bad right now

... I thought that the penalty is really a sunk cost. Alternatively, if they were more than 1 year but less than 5 years old, you could look at the penalty as boosting your YTM through year 5.... I don't understand the point of framing it in either of these ways. I'm not sure what jeffyscott means ...
by #Cruncher
Fri Jun 22, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11143

Re: I-bonds look pretty bad right now

Since it was a 0% I-bond, I should have (at least) $1000 inflation adjusted 2013 dollars. Based on your inflation figures, I don't. I do not know if that is because of the lag or if the inflation adjustment that you applied to TBM was wrong. Firstly, spdoublebass in this post didn't apply an inflat...
by #Cruncher
Fri Jun 22, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: How can I find out % return on Vanguard Total Bond Index?
Replies: 9
Views: 1038

Re: How can I find out % return on Vanguard Total Bond Index?

I currently have $3,031 invested in Vanguard Short Term Bond Index . I have noticed that every month I get a dividend distribution of around $6.50. (underline added) Are you sure this is the right fund, Jester? I see a $0.01625 / share May dividend for Short-Term Bond Index Investor Shares (VBISX) ...
by #Cruncher
Fri Jun 22, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11143

Re: I-bonds look pretty bad right now

3. Whenever the 6-month CPI change they use is negative, I Bonds may get a bonus because of what I call the "floor feature" ...). The following table quantifies, for all I Bonds issued before November 2015, the bonus arising from the two cases where the CPI change was negative. [1] For example, scr...