I would not lock in 20 years for 5%. I would at 8%. However I'm happy that you do. I remember higher inflation and the US debt and inability to control the budget is a risk.
Posted on 04/23/2025 4:20:02 PM PDT by Aquamarine
I am locked in at 5% interest in 20 years maturity Treasury bonds.
Well, interest rates have dropped a little bit since I purchased the bonds in open trade, so they are worth more than what I paid for them. I would love to lock in 8% but sriously, federal govt can no longer afford 8% interest rates to pay out on new issues. The national debt is at record levels. Currently they are paying out One Trillion/year to service the national debt already.
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