2 ms·
Fake news. The government can't even get 30 year money below 3.2% right now. Blackrock doesnt have any 30 year debt (they have a very debt-light business model
by missedthecue 4y ago
Fake news. The government can't even get 30 year money below 3.2% right now.
Blackrock doesnt have any 30 year debt (they have a very debt-light business model). Microsoft has 30 year bonds and theyre trading at around 4.5% right now. But of course, the default rate on AAA corporate debt is much lower than on Joe Schmo's mortgage.
- NhanH 4y agoJust for context, Microsoft is the one corporation in the world still has higher bond rating than the US government itself. S&P still has US's bond at AA+, and Fitch has US's bond at AAA with "negative" outlook. While all 4 credit agencies have Microsoft at AAA.