AM,Good questions all.What I am saying is that across most of the debt spectrum, CDs, MMA, MMF, bond funds, Treasuries and many Muni and Corporate bonds, debt is priced too high. Keep in mind interest rate, or return, is inversely related to price.Low interest rates mean the sellers are getting more bang for their buck, that means as buyers we are getting less for ours. It is most easily seen in bonds which are actually priced above or below face value. It is in our best interests to buy cheap. ...and lots more Thanks, Jack.Appreciate the post.AM
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