Thursday, February 3, 2011

Ready for 100-year Treasury bonds?

Brace yourself. Wall Street's latest advice to our deficit-addled government is to sell bonds that almost no one will live long enough to collect on. If that�isn't shocking enough, consider this: it's actually a pretty good idea, for the feds and the institutions that might be in the market for ultralong bonds. The feds should [...]

Source: http://finance.fortune.cnn.com/2011/02/02/ready-for-100-year-treasury-bonds/

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