In 2001 and 2002 I purchased 17 individual Series E Inflation Proof Bonds in $1000 denominations directly from the U.S. Treasury.

Today the Rates on them range from 5.89% to 6.89%.

The yields on them range from 4.62% to 6.09%.

I think both these Rates and Yields are likely to improve for the forseeable future.

All of these individual bonds are exempt from State Taxes.

The individual Bonds do not fluxuate to the upside or the downside as Inflation Proof Bond Funds such as Vanguard Inflation Proof Bonds (VIPSX).

I suspect that TIPS in the USA do not necessarily reflect the degree of worldwide inflation.

A new Spider ETF (Symbol TIP) consists of world inflation proof bonds and may more accurately reflect inflation on a macroeconomic basis.  I believe this is a good time to invest in World Inflation Proof bonds.

Thank you

Mr. Purrington