Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail
From: Lynn McGuire <lynnmcguire5@gmail.com>
Newsgroups: rec.arts.sf.written,rec.arts.comics.strips
Subject: Re: Swan Eaters: Rasputin Was A Jerk
Date: Wed, 30 Apr 2025 15:15:16 -0500
Organization: A noiseless patient Spider
Lines: 55
Message-ID: <vuu0cl$10gs0$5@dont-email.me>
References: <vsmqov$1i9df$1@dont-email.me> <vunlfa$33a1v$2@dont-email.me>
 <S4MPP.1383457$f81.1107148@fx48.iad> <vuom9n$1t48$2@dont-email.me>
 <vuormo$5uuo$1@dont-email.me> <5ft11ktknkenern4mf27p62jdqv69mgtk2@4ax.com>
 <vurv7v$340f4$2@dont-email.me> <LHpQP.3042129$t84d.2176133@fx11.iad>
 <vutmur$o65v$1@dont-email.me> <vutu0o$5kp$1@memoryalpha.rosettacon.com>
MIME-Version: 1.0
Content-Type: text/plain; charset=UTF-8; format=flowed
Content-Transfer-Encoding: 7bit
Injection-Date: Wed, 30 Apr 2025 22:15:18 +0200 (CEST)
Injection-Info: dont-email.me; posting-host="1b322bdb58d6c988e364b4355a5cf35c";
	logging-data="1065856"; mail-complaints-to="abuse@eternal-september.org";	posting-account="U2FsdGVkX184LxMFB116HicYDyDLegylfk0pLCslX4g="
User-Agent: Mozilla Thunderbird
Cancel-Lock: sha1:cwF0YLhsvzKMiBu9v//58Xgnkww=
Content-Language: en-US
In-Reply-To: <vutu0o$5kp$1@memoryalpha.rosettacon.com>

On 4/30/2025 2:34 PM, rkshullat@rosettacondot.com wrote:
> Lynn McGuire <lynnmcguire5@gmail.com> wrote:
>> On 4/30/2025 8:36 AM, Scott Lurndal wrote:
>>> Lynn McGuire <lynnmcguire5@gmail.com> writes:
>>>> On 4/29/2025 10:58 AM, Paul S Person wrote:
>>>
>>>>>
>>>>> It is hard to be sure, but actual monetary savings appear to be ...
>>>>> unimpressive, as they are not much more than what they cost to
>>>>> achieve. Or so those who have sorted out the reality from the
>>>>> propaganda appear to be saying. A thorough forensic audit will be
>>>>> needed at some point.
>>>>>
>>>>> Goebbels and Streicher would be proud of him.
>>>>
>>>> The USA Treasury is getting ready to refinance $7 trillion in USA tbills
>>>> over the next couple of months from 2% to 4 - 5% interest rate.  Enjoy
>>>> your inflation.
>>>
>>> 1)  A treasury bill has a maturity date between 4 weeks and 52 weeks.
>>>       The interest rate is fixed for the term of the bill, therefore
>>>       they won't all be "refinancing" in the next couple of months.  The
>>>       current tbill rate is 4.2%, which is down from 5.25% a year ago.
>>>
>>>       TBill rates historically have averaged just under 3%.
>>>
>>> 2)  TBills make up 25% of the total debt, the rest is in bonds and notes.
>>>
>>> 3)  100% of the coming inflation is due to tariffs and their knock-on effects.
>>>
>>> 4)  Higher Tbill rates are good for those who hold them.
>>>
>>> 5)  Your irrational devotion to the orange clown is pathetic, inflation
>>>       and the national debt will be far worse at the end of his term than
>>>       they are today as he completely tanks the economy.
>>
>> So there are no 10 year tbills ?  Wrong.
> 
> Umm, there ARE no 10 year tbills/TBills/Treasury Bills.
> Nomenclature is important in finance, among other things.
> Bills are short-term...52 weeks or less.
> The Treasury does issue a 10 year Treasury Note (among other terms).
> They also issue Bonds in 20 and 30 year terms.
> The three types of security are very different from each other.
> Most recent rates on Bills range from 4.24% (8 weeks) to 3.75% (52 weeks).
> 8 weeks ago the rate for 8 week Bills was the same, 4.24%. 52 weeks ago the
> rate for 52 week Bills was 4.95%.
> 
>      Robert

Ah, true dat.  I had my nomenclature and products wrong.

Thanks,
Lynn