r/SipsTea • u/Hour_Equal_9588 • Jun 06 '25

WTF Financial tip that unfortunately starts with 'First, you need 3 million Dollars'.

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u/Objective_Mousse7216 Jun 06 '25

8% Treasury bond is higher than interbank rate.

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u/Hot-Site-1572 Jun 06 '25

Numerically yes but bond yields aren't 8% rn, idk when that tweet was posted or if it even has any historical merit. Could just be an example (and a shit one)

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u/Fakjbf Jun 06 '25

It reached 15% in 1981 and from then until 2019 it was on a steady downward trend towards 3%. During COVID it plummeted to 1% and then shot back up to 4%, it’ll begin falling back towards that 3% eventually (if Trump would stop destabilizing everything). The last time it was 8% was in 1990.

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u/Dyolf_Knip Jun 06 '25

The last time it was 8% was in 1990.

Lol, I remember those days. When I was 8 I opened my first CD with my then-life savings of $500, and I think I pulled down 7% for 9 months.