On Mon, Apr 05, 2004 at 10:32:48AM -0700, Gautam Mukunda wrote: > US Government Bonds are considered the only "riskless assets" in the > financial world -
Actually, T-bills would be lower risk. Because unless you are talking about TIPS, bonds can lose a significant amount of capital during inflation. And even TIPS can have a capital depreciation if interest rates rise significantly. 3-month T-bills are much less sensitive to inflation and interest rates. -- Erik Reuter http://www.erikreuter.net/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l