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Politics : The Obama - Clinton Disaster

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To: DuckTapeSunroof who wrote (4197)12/31/2008 2:25:55 PM
From: pompsander  Read Replies (1) of 103300
 
What do you think of the idea of the Treasury coming up with some innovative financing vehicles? Talk of a fifty year T-Bond, both indexed for inflation (oy!) and regular coupon are being floated.

Speaking from a pension fund manager perspective, I would love to be able to buy some fifty year treasuries if the coupon was reasonable. Tie my plan's long-term liabilities directly to a guaranteed income stream.....

Rates right now could be benefical to the government on these...and make a large chunk callable....

??
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