Author Topic: Why we think Treasury Bonds are still a Good Buy  (Read 180 times)

MacroTOMI

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Why we think Treasury Bonds are still a Good Buy
« on: July 27, 2020, 01:21:40 PM »
In 1981/2 you could buy treasuries and corporate bonds with yields of 14-18%. Exxon is a discounted zero coupon bond at 2 cents on the dollar which was paid out at 100 in 2012. Here was a way of increasing your money 50 fold with limited risk as long as Exxon remained solvent as they still are today. The late great investor Robert Beckman advised his subscribers to buy bonds and “grow rich slowly but surely”. Gary Shilling did likewise in his publications and appearances on CNBC(or the equivalent at the time).

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The writer has an investment position in United Stated Treasuries