By doing this comparison the investor can look at various securities and compare their numbers to each other, as long as they all have the same maturity date attached to them. (teenanalyst.com)
For example, if a U.S. Treasury security that matures in ten years has a yield of 5 % and a TIPS security with the same maturity date has a yield of 3 %, the difference in yield, 2 %, is the TIPS spread. (investopedia.com)
The TIPS spread compares the yield of the Treasury Inflation Protection Securities (TIPS) and the yield of regular U.S. Treasury securities with the same maturity dates. (investopedia.com)