Conservative. Idaho. Software engineer. Historian. Increasingly, frustrated with how the greed of a small number of lawyers is making life unreasonable for ordinary people.
Friday, February 11, 2011
San Marcos, California: In Trouble?
I see that San Marcos' redevelopment agency bonds due in 2030, even though holding an S&P AA- rating, have a yield of 8.647. You would not want to put all your money in a single government's bonds, but that's a decent enough yield to tempt me to buy at least some.