CHAPEL HILL, N.C. –Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months?
Of course you would, especially given the higher-than-expected inflation numbers reported this week, with the Consumer Price Index rising 8.5% over the last 12 months. Our absolute minimum goal with a U.S. Treasury is not to lose to inflation.
Yet…
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