3min chapter

Forward Guidance cover image

The Fed Is Burning Money | Harley Bassman

Forward Guidance

CHAPTER

Is the Discount Rate Going Down?

You're buying a bond and selling a ca call on it just a good idea. You're selling the call at a very inflated price. It is, it's just simple,. you know, relative value, r v um, one versus the other. So i kind of like that. The other thing i like also, they've tightened back in a bit. Munibonds, double or bit of union. I bought california mine pons last month at a four point one percent yeeld, but a four percent coupon price of 99. And in my tax bracket was not every one, but in california, you're 50 percent pretty quick. That's an eight

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