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Central Missouri | you guys actually knowing I'm a kook ...... I give you Jim Willies latest. His writing style is a bit different but he is spot on.
http://www.marketoracle.co.uk/Article22364.html
If bonds are in a bubble that is gonna pop (which I think they eventually will) you should be refinancing all long term debt at a fixed rate and if rates go down another .5% you should do it again. That is the only way to reduce your long term interest rate risk which is a great business practice. I just did mine. | |
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At the risk of ....
