Money & Economics
- Thread starter bigredfish
- Start date
Dear @Holbs ...
we're on the one road
singing the same song
we're on the road to God knows where...
we're on the one road
it may be the wrong road
but we're together
thank God there
we're on the one road
singing the same song
we're on the road to God knows where...
we're on the one road
it may be the wrong road
but we're together
thank God there
^^^ It needs to be higher IMO. I worked in a Credit & Collections Department for 6+ years. Our rejection rate was between 25-30%, and if it were up to me it would have been higher. We were able to keep bad debt below 1% but that included over 150 small claims lawsuits we/I filed against companies who thought they could skip on paying us.
Sadly, we were always fighting the Sales Dept. who would run to the Owner crying that we rejected their very risky sale. They never took responsibility when their client ended up on our bad debt list, but we made sure to send emails to the Sales Manager/Sales Person and Owner after the clients/customers defaulted on their debt. After some time the Owner sided with us...
Sadly, we were always fighting the Sales Dept. who would run to the Owner crying that we rejected their very risky sale. They never took responsibility when their client ended up on our bad debt list, but we made sure to send emails to the Sales Manager/Sales Person and Owner after the clients/customers defaulted on their debt. After some time the Owner sided with us...
^^^ I can only speak for Muni Bonds which I inherited from 5 years ago from my Dad. Yields have only changed an avg. of 1% in the past 5 years, between 4-5%. I get monthly sometimes bi-monthly offers all the time. I agree that chart makes no sense, to me.
I will say I do like the dividend checks I get quarterly from the Texas Muni Bonds. The gains are tax free, like a ROTH.
I have had a few mature/get called but still have one making 7% which is crazy good, IMO, it is callable, not sure why they continue to pay such high interest...
I will say I do like the dividend checks I get quarterly from the Texas Muni Bonds. The gains are tax free, like a ROTH.
I have had a few mature/get called but still have one making 7% which is crazy good, IMO, it is callable, not sure why they continue to pay such high interest...
Chokolinho
Getting comfortable
I like high yield bonds too. People our age who want fixed assured 3-5% with no risk should.
Unfortunately, higher yielding bonds indicates bigger trouble in the economy and finance. When you have to bribe folks with higher yields to buy your debt, things are breaking.
Something apparently our Treasury Dept doesn’t fully understand , which is concerning
Chokolinho
Getting comfortable
Isn't the average expansion of the money supply in the US around 7-10%?
Agreed, but I don't know where that chart got it's numbers from, Yields have not changed much at all in the last 5 years. I have noticed the Muni Bonds I get offered run side-by-side, interest wise with most CDs I have purchased these last few years. Bond Yields are not up...so I don't get what the chart is trying to say...
I know during the Plandemic, there was a ton of funny money printed...
Don’t ask me, this is the Dept running our economic engine. Their chart their numbers.
It does say 10yr total return so it may be a math issue.
But it’s the first time we’ve seen a Treasury Dept boasting about higher yields on bonds while yelling about interest rate cuts..
It does say 10yr total return so it may be a math issue.
But it’s the first time we’ve seen a Treasury Dept boasting about higher yields on bonds while yelling about interest rate cuts..
10 year treasury note, are those notes a fixed rate? Man, now I am really confused about that chart, it only shows 5 years...
Treasuries are sold at auction by the government. They fluctuate depending on demand.
Demand down, yields go up as prices go down (you pay Price, you get Yield. They are inverse.)
You and me like higher yields.
But unlike you and me, bond traders care about price. So as yields rise, bond traders see bond prices decline. If they are holding bonds they bought at a higher price, they lose money.
Demand down, yields go up as prices go down (you pay Price, you get Yield. They are inverse.)
You and me like higher yields.
But unlike you and me, bond traders care about price. So as yields rise, bond traders see bond prices decline. If they are holding bonds they bought at a higher price, they lose money.