Thursday, February 09, 2006

30-Year Bond Sold for 1st Time in 5 Years

30-Year Bond Sold for 1st Time in 5 Years: Financial News - Yahoo! Finance

Talk about a good deal, if the goverment is smart they'll keep issuing 30 year bonds - 4.53% is less than you can earn in a 1 year CD. They yield curve is inverted - the question remains what that means.

Scott Dauenhauer, CFP, MSFP