The Mudcat Café TM
Thread #112718 Message #2389209
Posted By: Q (Frank Staplin)
14-Jul-08 - 09:44 PM
Thread Name: BS: Don't visit the U. S. - Buy it
Subject: RE: BS: Don't visit the U. S. - Buy it
The treasuries (T-bills, several with different maturity lengths) are getting popular as they are regarded as a safe investment in troubled times. The 10-year note is up in price, reducing interest rate to 3.86% from 3.97%.
In the UK, and Ireland one can buy 'gilts,' which are bonds or debt securities (issued by Bank of England in UK). About one-fourth of UK debt is in these gilts. Most governments issue such bonds, which are bought by investors worldwide.