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The bonds aren’t bad. They are performing according to all reports I’m reading. They simply have a longer date to maturity then is comfortable for the deposit
by cplusplusfellow 4y ago
The bonds aren’t bad. They are performing according to all reports I’m reading.
They simply have a longer date to maturity then is comfortable for the depositors withdrawal cadences, and they have had to be sold / marked down in a period of rising interest rates.
- 1270018080 4y agoI mean bad by low returns and long date to maturity, as in a poor choice.