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It's a little strange to look all the way back to the 60s (or before)....due to the 7 years or so of REALLY HIGH inflation - with treasury notes at 13% in about 1983. From, what, 1977 to 1983, inflation ran super high. buy it this year as next year it will be 10%...or more!

Some lucky folks loaded up on 30 year t-bills at 13% interest around 1983.....then the rates fell quickly to mid single digits....

Mortgage interest rates were - close to 13% if I recall right. I bought a townhouse in 1983. Ouch! but refinanced it twice within 7 years to lower rates! to way less of that quickly as rates plummeted.


http://www.freddiemac.com/pmms/pmms30.html

Now, it's 3%.....


t.
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