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> There's no incentive to increase interest rates At some point the market decides this, if inflation persists. BND (NASDAQ) is already down over 9% YTD and th
by harambae 5y ago
> There's no incentive to increase interest rates
At some point the market decides this, if inflation persists. BND (NASDAQ) is already down over 9% YTD and that's supposed to be the safe half of split stock/bond investing.
Despite how some people seem to view the Federal Reserve (and whatever the central bank of Canada is) neither country is a full on centrally planned economy, at least not yet.