Thursday, July 14, 2011

Treasuries risk free no more

I decided to sell my ETF for Treasuries. It pays only a little interest, and that was a tradeoff for its supposed great security. Now that paying interest on the national debt is a political football, I don't feel that secure and so it makes no sense compared to other fixed income investments. I see the credit rating agencies are starting to warn about the US Government AAA rating. Pretty late I'd say.

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