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They are, what do you think the FED is doing when they push interest rates to the foor? They make investors chase risker and risker assets/bonds to get the same
by rdtwo 6y ago
They are, what do you think the FED is doing when they push interest rates to the foor? They make investors chase risker and risker assets/bonds to get the same interest rates. Rates on junk bonds have been pretty low and risk on government bonds even lower. This bankrupts savers in the long term but nobody cares about them.