I certainly wouldn't want to hold them that long. Isn't the person who buys the bond mid term equally unwise? I suppose it depends on the state of things at the time.
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I certainly wouldn't want to hold them that long. Isn't the person who buys the bond mid term equally unwise? I suppose it depends on the state of things at the time.
I don't see a good reason if it's above par, unless you know for sure that rates are going lower.