The United Kingdom is looking at taking advantage of the current low interest rate environment by issuing 100 year bonds. I think this is a very intelligent thing for them to do, but I think anyone that buys them would be absolutely insane. With the U.S. debt load being what it is, locking in today’s low interest rates and selling as much debt at possible would be extremely intelligent. Obviously you want to communicate with the buyers of this debt, that the growth outlook is greater than the interest rates reflect, but due to the bizarre nature of some market participants that think only of trading as opposed to investing, this would make sense.
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.