Thursday, March 19, 2015 11:11:45 AM
On balance (chances of PFNO having a bump higher vs. the Federal Reserve increasing interest rates by 0.25%) PFNO looks like a better bet at some undefined time over the next 30 years.
One is trending towards 0%, whereas the other has some chance of going up.
http://www.bloomberg.com/markets/rates-bonds/government-bonds/us/
I'm in very good company:
"...Jeff Gundlach reiterated his belief that raising rates would be a mistake because of the weak global economy and low inflation. Even if the Fed were to take that step, he said, it would eventually be forced to reverse and lower rates, as several European countries have had to do after attempting premature rate increases.
"I'm afraid that the Fed is intent on being a blockhead and raising interest rates against this backdrop," he said, "and further strengthening the dollar, weakening the economy, weakening corporate earnings, and basically having to reverse policy." ..."
Read more: http://www.businessinsider.com/gundlach-fed-rate-hike-would-be-a-mistake-2015-3#ixzz3UqSvOhuS
The paradox of iHub: buy high, sell low
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM