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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: wlheatmoon who wrote (18031)2/4/1999 11:14:00 AM
From: IceShark  Read Replies (2) of 86076
 
he is talking about the 30 year bond. Just call your broker and tell him to go buy one. I don't remember if they sell for small multiples of 1000 or not, might be 10,000 buck blocks. Remember if rates keep going up you are going to get creamed on principal discount, which seems quite likely, i.e. you are making a bet that we are seeing the high in US TBond rates. You can also buy direct from the Fed and save a bit from what it will cost from a broker.
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