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To: NeoCaveman

That’s not entirely true - the Treasury does, in fact, call some bonds. They’ve called 30-year paper they wrote with VERY nice yields back in the early 80’s:

http://www.treasurydirect.gov/news/pressroom/pressroom_comcall011509.htm


20 posted on 05/26/2009 6:50:08 AM PDT by NVDave
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To: NVDave

Good point Dave. They can issue callable bonds. I do not believe they are issuing those now, though. They only issue those when there is a chance to refinance them into lower rates.

No chance of that in the future. IMHO


21 posted on 05/26/2009 7:19:37 AM PDT by NeoCaveman (control the teleprompter, control the world)
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