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Libertarian Democrat Point Of View (Free subscription) | 02/12/2008
I just read this, and, well, I should be working on my novel, but I'm terribly excited. It's not a perpetual, but I'll take. From Bloomberg : "By Thomas R. Keene and Michael J. Moore Dec. 2 (Bloomberg) -- BlackRock Inc.’s Peter Fisher said the U.S. Treasury should consider selling 100-year bonds to ease the federal government’s borrowing costs as it faces a budget deficit expected to...
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Dogshit, Reloaded (Free subscription) | 03/12/2008
Your daily WTF moment. From Bloomberg Yes, this is a so-called “serious” suggestion. I damn near fell off my chair when I read this……. BlackRock Inc.’s Peter Fisher said the U.S. Treasury should consider selling 100-year bonds to ease the federal government’s borrowing costs as it faces a budget deficit expected to top $1 trillion. “If [...]
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Main Street Observer (Free subscription) | 02/12/2008
Bloomberg : BlackRock Inc.’s Peter Fisher said the U.S. Treasury should consider selling 100-year bonds to ease the federal government’s borrowing costs as it faces a budget deficit expected to top $1 trillion. “If you issued a 100-year bond and had principal and interest pay down smoothly over the last 50 years, you create a great borrowing device for the Treasury that would let us move...
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Mish's Global Economic Trend Analys (Free subscription) | 02/12/2008
Those not thrilled with the prospect of getting 3% for 30 years on the long bond can now entertain the possibility of getting 3% for 100 years. Peter Fisher Says Treasury Should Consider 100-Year Debt . BlackRock Inc.’s Peter Fisher said the U.S. Treasury should consider selling 100-year bonds to ease the federal government’s borrowing costs as it faces a budget deficit expected to top...
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Option ARMageddon (Free subscription) | 01/12/2008
... Treasury note yields fell to a record low 0.95 percent on Nov. 20. That helps explain why BB&T, BlackRock Inc., T. Rowe Price Group Inc. and Sage Advisory Services Ltd. are looking elsewhere for returns, including bonds of the banks that were almost ruined by $967 billion in losses and writedowns since the start of 2007. Treasury funds are receiving permission to buy debt of...
