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...because yields may continue going down. Other countries have shown us that 0% yield isn't even the floor. A couple years ago, 30 year treasury yield was aro
by snikeris 6y ago
...because yields may continue going down. Other countries have shown us that 0% yield isn't even the floor.
A couple years ago, 30 year treasury yield was around 3% and people were saying the same thing...why would you own bonds. People who bought bonds at that time made good money as the yield fell further.