here some more evidence that the rates will not go sky high...
1) Bank called CD maturing in 2018, which was paying a meager 5.25% a year.
2) ETF I have with very small average maturity and consisting of Government paper ONLY made a new 52 weeks low last week (KGT),
while ETF's with average 15-20 years weighted maturity have not
(MFL, PTY, PHK)
what the heck bankers and investors smell????
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