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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (11562)4/12/2004 12:50:59 PM
From: Mike McFarland  Read Replies (1) of 110194
 
59 of 60 economists in a Wall Street
Journal poll expect interest rates to be higher at the end
of 2004 than at the beginning


I would not bet against that.

I'd buy ten year bonds and hold them to
maturity if they paid around 6%. I know
then ten year treasury is 4 1/4%, so we
have quite a way to go. The Treasury dept
has made it easy to buy bonds
publicdebt.treas.gov

Unfortunately...for EE bonds:
The rate is 90 percent of the average 5-year Treasury securities yields for the preceding six months

2.61%

Is it any wonder that Americans piss it all away?

But I don't want to be a hypocrite here, so I'll
come clean. I intend to put my daughters through
private school, so that will wipe out my savings
in less than five years. It's a free country, nobody
has to have a savings account or a pile of EE bonds.
Spend it!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext