Wednesday, May 04, 2005

BRING BACK THE 30 YEAR BOND!

The following is an email from "My Old Merrill Pal".

"Bring that 30 year back. Its a sentimental favorite. It is also hard to measure returns of different classes of investments when the interest rate sector was traditionally measured by the good ol' thirty year T-bond.

If anyone doubts it, just ask some of the old baseball players how they like to be compared to the new and "improved" players."

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