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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (116449)10/17/2008 2:24:01 AM
From: S. maltophilia  Respond to of 132070
 
PFE might be OK, though you might as well just buy the stock. What I was looking for was a reasonably liquid way to bet against the long bond without worrying too much about being made wrong (I nibbled at BSC puts right before the $8 gift to its shareholders). It wasn't that long ago that no one would think twice about 30 year treasuries yielding 8-9%, and the national debt was a lot smaller then.