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I have head that currently yields are low - but if your inflation expectation (or inflation exposure) exceeds that of the market, they should be a good investment.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Thu Jul 17th, 2008 at 09:30:49 AM EST
[ Parent ]
Just checked.  Not low, negative 1-2! and 5yrs is the shortest term.  They can be sold, but the price varies. Should interest rates rise due to inflation, the par value will tank.  Of course if the Fed should drop the rate to 1% or 0% the par would go up, but these are dollar bonds and the dollar would further tank. Five years is a long time to bet on energy inflation remaining low.  Seems I would have to credit our societies with far more collective intelligence than they  have demonstrated in the last 40 years.  Euro denominated government bonds?  Are they even available in inflation protected flavors? What ever looks safe to someone in my position has probably already been moved into by so many others that it is no longer a value.  I am probably doomed to take a hit no matter what I do.  I suspect I will have plenty of company, and not just in the US.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Jul 17th, 2008 at 03:35:53 PM EST
[ Parent ]
Buy Stratocasters!

You can't be me, I'm taken
by Sven Triloqvist on Thu Jul 17th, 2008 at 05:48:36 PM EST
[ Parent ]
yeah, they sound great with a treadle-powered amp!

they come with fuzz tone

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Thu Jul 17th, 2008 at 07:35:37 PM EST
[ Parent ]
They make great paddles...

You can't be me, I'm taken
by Sven Triloqvist on Fri Jul 18th, 2008 at 02:36:20 AM EST
[ Parent ]
lol!

placed high in a tree they can work as antennas for VPN, or pick up radio waves from neptune-

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Fri Jul 18th, 2008 at 06:15:29 AM EST
[ Parent ]
Not to mention getting pizzas out of ovens, beach cricket, and removing cats from the tops of cupboards.

You can't be me, I'm taken
by Sven Triloqvist on Fri Jul 18th, 2008 at 10:52:12 AM EST
[ Parent ]
Euro denominated government bonds?  Are they even available in inflation protected flavors?

Yes, these do exist, and there are American brokers that offer them..

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Fri Jul 18th, 2008 at 03:20:28 AM EST
[ Parent ]

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