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This compares very favorably to treasuries, where the two-year treasury yields about 1.35%, and the five-year treasury's yielding about 1.8%, and the ten-year's yielding 2.25%.
There is a forward market for Treasuries, where such esoteric things trade.
That compares with Treasuries, where retail holders account for roughly 20 percent of the total.
A surprising beneficiary was United States Treasuries, where, despite the downgrade of government debt, 10-year yields fell to 2.32 percent, from 2.56 percent, and the yield on the two-year Treasury note was at a record low. Warren E. Buffett, perhaps the nation's most famous private investor, also said he thought the downgrade was unwarranted.
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Indeed, Mr Peretz had favoured the treasury, where he could have moulded economic policies as domestic overlord.
Before joining Goldman, Mr. Draghi spent a decade as the top bureaucrat in the Italian treasury, where he was known for deftly navigating the minefield of Italian power politics.
ISLAMABAD, Pakistan — Indignant Supreme Court judges on Tuesday demanded to know why $60 million in the suspect gains of President Asif Ali Zardari had been given back to offshore companies in his name rather than returned to the national treasury, where they said it rightfully belonged.
If you are putting money into a bond fund, stay with funds concentrated in U.S. Treasurys, where there is no risk of early redemption or call.
It's also better than the current return on conventional Treasurys, where the nominal yield to maturity is 6% and the real return (roughly speaking, nominal yield minus inflation rate) is 3% or so.
Specifically, she served as chief of staff to Larry Summers during his tenure as secretary of the treasury, where he served under Bill Clinton. .
"Treasures" here means "treasuries", places where snow is stored up for future use.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com