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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (31262)8/19/1998 11:13:00 AM
From: Joan Osland Graffius  Read Replies (1) of 132070
 
MB. This morning I was looking into "stashing some cash" and was looking at low risk vs risk instruments. AAA rated corporate bonds are paying the same as government backed money market funds. A FDIC l year CD is only paying .2% over the government backed money market fund. I can not remember when this situation has occurred in the past, can you? i.e. There is no advantage for taking risk.

Joan
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