[U.S. 10-Year TIPS Auction Yield Hits Highest Since 2008] According to a report by Jinse Finance, on July 24, the U.S. Treasury issued $21 billion in 10-year Treasury Inflation-Protected Securities (TIPS) with an auction yield of 2.438%, marking the highest level since 2008. This was approximately 2 basis points higher than market expectations at the 1 PM New York time bidding deadline, indicating lower-than-expected demand.