Common Ground Common Sense > The Bear's Lair: Why buy bonds now?

Full Version: The Bear's Lair: Why buy bonds now?

Common Ground Common Sense > Issues that Affect Our Lives > Job Market, Fiscal, and Economic Policies > Job Market, Fiscal, & Economic Issues Archive

Snuffysmith

Jan 30 2008, 08:51 AM

THE BEAR'S LAIR
Why buy bonds now?
When the Fed cut 75 basis points off the Fed Funds rate, 10-year Treasury yields dropped to 3.4%. With inflation 4% and rising, why would anyone buy the obligations of a deficit-ridden political system in a currency that appears fundamentally unsound? I'm damned if I know. - Martin Hutchinson

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