ThirstyLizard
Registered User
- Messages
- 30
Naive question, but why would you want to hold US t-bills or bonds directly?Anyone have any ideas to point me in the right direction?
Very liquid market. Short term T-bills are offering reasonable interest rates with low transaction costs and no risk (and not liable to US Estate Tax if you die!).why would you want to hold US t-bills or bonds directly?
No risk? For a euro based investor, you're taking a huge risk with currency exposure.and no risk
Currency risk!no risk
1. Irish government bonds are much more expensiveI don't see how it is much more complicated than the ETF tax situation
The coupons are taxed as income, gains/losses come under CGT
I would have thought that Irish Government bonds would be just as good - no exchange rate risk, no tax on capital gains
He’s not looking to buy Turkish government bonds, I bought 50 k of GILTS last October when Liz Truss was in power, almost 4.5% yield for the ten year, U.S treasuries are considerably safer again but I’d give the chances of a hard left government in the UK a lot lower than in Ireland over the next decadeNo risk? For a euro based investor, you're taking a huge risk with currency exposure.
There is no 'free lunch'. Any arbitrage opportunities that arise between USD and EUR bond yields get closed by a very liquid market.
In a single post you've demonstrated a profound lack of knowledge.He’s not looking to buy Turkish government bonds, I bought 50 k of GILTS last October when Liz Truss was in power, almost 4.5% yield for the ten year, U.S treasuries are considerably safer again but I’d give the chances of a hard left government in the UK a lot lower than in Ireland over the next decade
Sorry, I know exactly where you are coming from, you see FOREX effect as the overarching risk, I’m saying that just because Irish government bonds are domiciled in euro doesn’t make them safer than U.S treasuriesIn a single post you've demonstrated a profound lack of knowledge.
Reread what I said and the context in which I said it.
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