Wednesday, August 5, 2009

Tuesday's Yield on 30-yr. Treasury Bond is 4.46%

The yield on the 30-yr. Treasury Bond closed at 4.46% Tuesday. The rate continues to head in the wrong direction for those of you considering retiring in the 4th Quarter of 2009. The rate from May (4.23%), which will be used to value lump sums for anyone accepting the September 12th EISP offer, appears to be more attractive than the 4th Quarter rate at this point. A lot can change over the course of the next few weeks, and since you do not have to make a retirement decision until August 29th, please continue to check this site or call Harris Financial Group at (800) 281-3980 or (804) 526-0544 with any questions.