3 ms·

I'm not familiar with any adjustable rate bonds tbh. All corporate bonds and gilts I've ever seen have had fixed coupons to maturity. I just wouldn't call trea

by nly 3y ago

I'm not familiar with any adjustable rate bonds tbh. All corporate bonds and gilts I've ever seen have had fixed coupons to maturity. I just wouldn't call treasuries weird or quirky when fixed coupons are the textbook definition of a bond taught in school.

dmoy 3y ago
There are some adjustable rate treasuries even (iBonds, and TIPS). So not technically "all". But yea the vast majority of bonds (treasuries or otherwise) are not variable rate. Close enough to "all" that it seems needlessly pedantic, I agree.
- RC_ITR 3y ago
  It feels insane to me that people haven’t heard of floating rate bonds. I guess the debt guys are too busy to hang out here. Here’s a primer from 2011. The Treasury and Feddie call theirs FRNs. https://capitalmarkets.fanniemae.com/media/1456/display https://capitalmarkets.fanniemae.com/media/1456/display
SilasX 3y ago
Everything in this ETF and similar has a floating interest rate: https://www.morningstar.com/etfs/bats/flot/quote https://www.morningstar.com/etfs/bats/flot/quote Please be careful about overconfidence.
RC_ITR 3y ago
Ever wonder what FRN stands for? They've issued them every month for the past decade. Freddie and Fannie have issued them way longer. https://home.treasury.gov/system/files/221/Tentative-Auction-Schedule.pdf https://home.treasury.gov/system/files/221/Tentative-Auction... Just because you haven't heard of things doesn't mean they are not real. Like here's Freddie talking about their floating rate debt. I sort of feel like I'm taking crazy pills, or maybe its the classic Hacker News Dunning-Kruger thing. >Freddie Mac issues a variety of fixed and floating rate medium term notes (MTNs) of various sizes and maturities. https://capitalmarkets.freddiemac.com/debt/products https://capitalmarkets.freddiemac.com/debt/products

3 ms·

I'm not familiar with any adjustable rate bonds tbh. All corporate bonds and gilts I've ever seen have had fixed coupons to maturity. I just wouldn't call trea

by nly 3y ago

dmoy 3y ago
There are some adjustable rate treasuries even (iBonds, and TIPS). So not technically "all". But yea the vast majority of bonds (treasuries or otherwise) are not variable rate. Close enough to "all" that it seems needlessly pedantic, I agree.
- RC_ITR 3y ago
  It feels insane to me that people haven’t heard of floating rate bonds. I guess the debt guys are too busy to hang out here. Here’s a primer from 2011. The Treasury and Feddie call theirs FRNs. https://capitalmarkets.fanniemae.com/media/1456/display https://capitalmarkets.fanniemae.com/media/1456/display
SilasX 3y ago
Everything in this ETF and similar has a floating interest rate: https://www.morningstar.com/etfs/bats/flot/quote https://www.morningstar.com/etfs/bats/flot/quote Please be careful about overconfidence.
RC_ITR 3y ago
Ever wonder what FRN stands for? They've issued them every month for the past decade. Freddie and Fannie have issued them way longer. https://home.treasury.gov/system/files/221/Tentative-Auction-Schedule.pdf https://home.treasury.gov/system/files/221/Tentative-Auction... Just because you haven't heard of things doesn't mean they are not real. Like here's Freddie talking about their floating rate debt. I sort of feel like I'm taking crazy pills, or maybe its the classic Hacker News Dunning-Kruger thing. >Freddie Mac issues a variety of fixed and floating rate medium term notes (MTNs) of various sizes and maturities. https://capitalmarkets.freddiemac.com/debt/products https://capitalmarkets.freddiemac.com/debt/products