Deanoroll5 on Nostr: Bond investors rejoice! Rates are falling! Let’s go back to generational lows! Yay! ...

Bond investors rejoice! Rates are falling! Let’s go back to generational lows! Yay! Loan the US gov’t for 30 years for 4.5%. Good luck with that. I’ll sit this one out, however. I’ll park some short-term savings in a money market at 5.25% yield (<3 month duration).

If you think inflation is gonna run below a 4.5% rate over the next 30 years… HFSP! Imagine owning #bonds Certificates of Confiscation!

I don’t really like owning a money market, honestly. More than longer duration bonds, however. Back during the ‘08 financial crisis I remember the $1 peg broke on those (which ain’t supposed to happen). But if the short duration bond market croaks we’ll have bigger problems.

I’ll take the risk to earn the 5.25% versus letting some bank bend me over every month for .5%. Fuck ye bankers! I guess I could move some money to an FDIC backed version of a money market. I just don’t care that much. Keeping things simple > minimal safety/security.