Re: Swan Eaters: Rasputin Was A Jerk

Lynn McGuire <lynnmcguire5@gmail.com> wrote:

On 4/30/2025 8:36 AM, Scott Lurndal wrote:

Lynn McGuire <lynnmcguire5@gmail.com> writes:

On 4/29/2025 10:58 AM, Paul S Person wrote:

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It is hard to be sure, but actual monetary savings appear to be ...
unimpressive, as they are not much more than what they cost to
achieve. Or so those who have sorted out the reality from the
propaganda appear to be saying. A thorough forensic audit will be
needed at some point.
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Goebbels and Streicher would be proud of him.

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The USA Treasury is getting ready to refinance $7 trillion in USA tbills
over the next couple of months from 2% to 4 - 5% interest rate.  Enjoy
your inflation.

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1)  A treasury bill has a maturity date between 4 weeks and 52 weeks.
      The interest rate is fixed for the term of the bill, therefore
      they won't all be "refinancing" in the next couple of months.  The
      current tbill rate is 4.2%, which is down from 5.25% a year ago.
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      TBill rates historically have averaged just under 3%.
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2)  TBills make up 25% of the total debt, the rest is in bonds and notes.
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3)  100% of the coming inflation is due to tariffs and their knock-on effects.
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4)  Higher Tbill rates are good for those who hold them.
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5)  Your irrational devotion to the orange clown is pathetic, inflation
      and the national debt will be far worse at the end of his term than
      they are today as he completely tanks the economy.

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So there are no 10 year tbills ?  Wrong.

 Umm, there ARE no 10 year tbills/TBills/Treasury Bills.
Nomenclature is important in finance, among other things.
Bills are short-term...52 weeks or less.
The Treasury does issue a 10 year Treasury Note (among other terms).
They also issue Bonds in 20 and 30 year terms.
The three types of security are very different from each other.
Most recent rates on Bills range from 4.24% (8 weeks) to 3.75% (52 weeks).
8 weeks ago the rate for 8 week Bills was the same, 4.24%. 52 weeks ago the
rate for 52 week Bills was 4.95%.
      Robert