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Old 02-17-2006, 02:09 PM   #64 (permalink)
aceventura3
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Location: Ventura County
Treasury started selling 30 year bonds last week. All the talk about the inverted yeild curve was because the 30 years sell at 4.48%, the 10 years sell at 4.53%. If you did not have faith in the US Government you don't buy 30 year bonds, or you ask for a real high rate. These bonds indicate world-wide confidence over the long-term in the US government's ability to pay back the principle and pay the interest.

What do you put more confidence in - a reporter or people, companies and governments investing millions in government bonds?
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