4 ms·
The US Government has a simple way to find domestic buyers: Raise the yield. I currently have to buy crappy BBB- munis to get anything close to a decent fixed
by 11thEarlOfMar 13y ago
The US Government has a simple way to find domestic buyers: Raise the yield.
I currently have to buy crappy BBB- munis to get anything close to a decent fixed income yield. If I could get 6.5% for a long bond, I'd be buying a bunch.
(YTM on 2043's 3.858% per Schwab today)