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Old 04-18-2004   #1
Winetalk.com
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Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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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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