could be ... i’m holding similar stuff with 3 year duration .... waiting for corporate bonds to collapse again ... so I can buy back into corporates at bargain prices.
Morgan stanley expecting rates to go to 5.5% THIS YEAR ... people often lose money following advice from MS. who says they are right.
I still wonder what knuckleheads would loan the feds money for 10 years at 3.5%.
“I still wonder what knuckleheads would loan the feds money for 10 years at 3.5%.”
Excellent point. Factor in the liklyhood of higher inflation, taxes and the virtual certainty of rising interest rates and it is hard to understand why anyone would be willing to tie up money for a decade at that rate. Likely a losing proposition.