tag:blogger.com,1999:blog-22301740.post925614427906692608..comments2024-03-26T09:49:07.212-07:00Comments on The Scratching Post: A Little More On Illinois Vs. PortugalK T Cathttp://www.blogger.com/profile/10259428595745509790noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22301740.post-45564150352934217992011-04-01T09:06:02.674-07:002011-04-01T09:06:02.674-07:00Thanks! Update posted.Thanks! Update posted.K T Cathttps://www.blogger.com/profile/10259428595745509790noreply@blogger.comtag:blogger.com,1999:blog-22301740.post-89339934940289010522011-04-01T08:18:37.681-07:002011-04-01T08:18:37.681-07:00Well, in the article they are comparing one year P...Well, in the article they are comparing one year Portugal bonds to one year German bonds which is appropriate. But you are taking 20-30 year Illinois bonds and comparing them to one year US Treasuries, a huge mismatch. So, for instance on the final page of the prices for Illinois bonds which you link to you will see an Illinois bond that expires in 11/12 that yields around 1.5%.Anonymousnoreply@blogger.com