SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Jordan who wrote (132162)10/31/2001 1:41:59 PM
From: Tradelite  Read Replies (1) of 436258
 
re: 30-year bond

I believe (just a hunch) that this bond has been largely replaced by other long-term bonds.

There has been a wave of interest lately in I-bonds, (been buying a lot of those lately myself), and the feds don't want the public socking away too much money that would be better spent propping up the economy.

Recent Capitol Hill debate on the economic stimulus package included a proposal to re-institute the old "war bonds", but opponents said it would be better for people to spend money than participate in a patriotic flood of war bond purchases.

Also, I read a recent news story which said the Treasury Dept. was calling long-time holders of bonds which stopped earning interest years ago, to encourage the people to cash the bonds.

Interesting that there are times when the federal government wants you to invest in it, and other times when it doesn't. <gg>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News