3 ms·
No one is paying book value for a $100 bond that’s paying 1.5% for the next 10 years when they can give the govt those $100 and get 3% instead.
by rhaway84773 4y ago
No one is paying book value for a $100 bond that’s paying 1.5% for the next 10 years when they can give the govt those $100 and get 3% instead.