Friday, September 3, 2010

"Savings Bondage"

http://www.usatoday.com/money/perfi/bonds/2010-09-03-savingsbonds03_ST_N.htm

The federal government is phasing out paper U.S. Savings Bond in favor of electronic ones. Some question whether Bonds will continue to sell well if consumers don’t get the physical paper in their hand, but with today’s interest rates, they should be used to getting nothing anyway.

Because the I Bond and EE Bond, which had long been favored for their stability, have suffered recently due to lower interest returns, the government will start issuing the more exciting James Bond.

No comments: