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A comment on Crypto dominoes fall in the wake of FTX's collapse. Parent comment

Re:Crypto dominoes fall in the wake of FTX's collapse by NotYourLawyer on Thursday November 17, 2022 @11:08AM (#33640934)
Are they Venezuela or Zimbabwe?
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Re:Crypto dominoes fall in the wake of FTX's collapse by mrDmrTmrJ on Thursday November 17, 2022 @11:38AM (#33641431)
US federal funds rate hit 19.39 percent in April 1980. As a result long-term state bond did very well for their owners as inflation came down. My mom told stories about "Massachusetts Nines" with legendary 9% yields.

Utilities and co-ops issued ~15% paper which also did extremely well for those who purchased it in the early 80s.

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Re:Crypto dominoes fall in the wake of FTX's collapse by NotYourLawyer on Thursday November 17, 2022 @12:18PM (#33642212)
Sure, back then. But I’m guessing these are not 50+ year maturities still paying out.
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Re:Crypto dominoes fall in the wake of FTX's collapse by everybodyknows on Thursday November 17, 2022 @01:01PM (#33642956)
Know offhand what the 30-year yielded back in '80?

For reference, the 30 is now at about 100bp less than shorter treasuries:

https://www.marketwatch.com/market-data/rates

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Re:Crypto dominoes fall in the wake of FTX's collapse by mcguire on Thursday November 17, 2022 @02:04PM (#33643896)
~11% (https://www.govinfo.gov/content/pkg/ERP-2012/pdf/ERP-2012-ta...)
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