Quick econ lesson
Quick econ lesson
Out of context: Reply #6
- Started
- Last post
- 8 Responses
- justjeff0
I call BS. That's not what my bi-yearly investments say. be smart
JazX
(Dec 28 05, 14:36)Clearly your bi-yearly investment takes into account yesterday's developments...
Some of us understand finance. Some of us do not. Try to justify the 10-year t bill at the same yield as a 6 month bill - yield is a reward for risk, and when the yield doesn't change despite a 20x difference in time (= risk), there's clearly something unusual going on.
For the record, the last time this convergence occured was late 2000. We all know what happened to the economy in spring 2001.