[mcfly1985]

People buying debt are the people buying bonds. Would you lend 100k to someone for 30 years at 3.25%? If you do, I think you're foolish.

However, if you're borrowing 100k from someone at 3.25% for 30 years you'll likely be very happy you did.

[mgr86]

Thanks for the answer. That appears to be a logical answer.