GravitySucks
Thinks s/he gets paid by the post
I have been thinking of selling most of all of my bond fund holdings and buying 2 to 5 year Treasuries. However I see a slight advantage in Agency bond rates. For instance, Federal Farm BNK rates are about 0.3% better than a similar Treasury for a 2 year bond.
There's no such thing as a free lunch, but I can't imagine the Federal government would ever default on agency obligations. What am I missing here?
There's no such thing as a free lunch, but I can't imagine the Federal government would ever default on agency obligations. What am I missing here?
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