Monthly Archives: September 2011

As I write this, the yield on the 10-year Treasury Bond is 2.04%. Assuming you want a little income left over after taxes and inflation -- say, 1% or so -- then this bond price assumes that inflation over the next decade will average around 0.30%. An inflation rate of 0.30% in a modern developed country is akin to a flat-line economy, with declining standards of living. Looking at this interest ...

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