tag:blogger.com,1999:blog-8515247115132134144.post613602624609774084..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: The Unloved 10-Year TreasuryStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8515247115132134144.post-1775886854972265072013-07-24T20:31:53.333-07:002013-07-24T20:31:53.333-07:00Fred,
Your line of reasoning seems sound to me. S...Fred,<br /><br />Your line of reasoning seems sound to me. Similarly, I purchased that 19-year TIPS bond to help meet obligations I'd have 19 years from now (much like a pension fund would do). That said, I do not expect 7.5% annual returns on it. Heaven help us all if I do! ;)<br /><br />Perhaps they expect the stock market to yield 15% per year well into the distant future in order to compensate? Good luck on that theory! It will work until it won't of course.<br /><br />Hey, maybe we're recession-free from here on out though. Just because we've had 20 of them in the past 100 years doesn't mean that we'll be getting any more. Just because the Fed never saw the housing bust coming doesn't mean that they aren't the best financial surgeons on the planet.<br /><br />Just because I'm layering the sarcasm on heavy, it doesn't mean that I believe all that I write either, lol. Sigh.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-66343617655336031332013-07-24T20:11:23.932-07:002013-07-24T20:11:23.932-07:00So who is buying the 20-year. Is it pension funds...So who is buying the 20-year. Is it pension funds like Calpers? If so, it can't be helping them meet their estimated return of 7.5%. Unless... they expect even lower rates going forward.<br /><br />FredAnonymousnoreply@blogger.com