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Treasuries are not liquid assets for the average consumer -- they are held to maturity. This means that those with "modest" savings can't afford to own them, be
by jcarreiro 14y ago
Treasuries are not liquid assets for the average consumer -- they are held to maturity. This means that those with "modest" savings can't afford to own them, because of the liquidity risk.
edit: s/TIPS/Treasuries
- hollerith 14y agoAre you sure about that? There is no market in these Treasuries where they can be sold before the date of maturity?