I had a very interesting experience last week trying to perform what I considered to be an incredibly easy task. News reports indicated that the U.S. Treasury was issuing two new sets of Treasury Inflation-Protected Securities (TIPS): one for five years and the other for 20. Previously, there were only 10-year TIPS.
I wanted to find the announcement of the new TIPS and went to the press release section of the Treasury's Web site. I couldn't find it. Deciding to call the Office of Public Affairs, I had great difficulty finding the telephone number. I had to look through five press releases until I found it.
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