Monday, April 04, 2005


Series EE Treasury Bond Rates Now Fixed

The series EE bonds that up until now were adjusted every 6 months for interest rate changes will be fixed upon purchase. "The move will save the government money in a rising interest rate environment because it will mean lower payments on this portion of the national debt."

This stunning move is an admission that rates have entered a period of uncertainty. The link is at MSNBC.

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?