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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Bill Harmond who wrote (10886)5/24/1998 9:30:00 AM
From: Gary Korn  Read Replies (2) of 27307
 
I put my money in 30-year US Treasury bonds today.

William,

Just a thought. Why not pick 5-year notes (5.67%) instead of 30-year bonds (5.98%)? Were the Fed to raise rates or should inflation pick-up, the 30-year bonds likely would drop more than the 5-year notes (the interest rate of the bonds would go up faster than that of the 5 year notes).

I had read that Buffet was buying 5-year notes.

Gary Korn
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