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Because what's the alternative to US treasuries? Everything else in the world is either more unstable or offering zero yield.
by des429 6y ago
Because what's the alternative to US treasuries? Everything else in the world is either more unstable or offering zero yield.
- alexjray 6y agoGold?
- farseer 6y agoFor all you know the gold price can halve if there is an economic recovery sooner than expected. The same drastic movement (either way) is not going to happen to US bonds.
- AnimalMuppet 6y agoIf there's a big jump in inflation, the same drastic movement is exactly going to happen to US bonds.
- deleted 6y ago[deleted]
- david927 6y agoGold Zero yield is golden for the next x number of years. A ship in the harbor isn't making you money but it's also not getting destroyed in the storm.