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"Treasuries have never been down 3 years in a row since the 1700’s. [0]" That just means that Treasury interest rates have not risen this much (proportionately
by readthenotes1 3y ago
"Treasuries have never been down 3 years in a row since the 1700’s. [0]"
That just means that Treasury interest rates have not risen this much (proportionately) 3 years in a row since the 1700s, and we can blame that squarely on ZIRP.
During ZIRP, 60/40 was a ludicrous asset mix and obviously to be avoided.
- MR4D 3y agoAgreed - ZIRP for a decade is causing problems. I think his article would have been better if he focused on that more and how changes away from ZIRP will impact investors. Instead he danced around it a bit. I would have preferred a head-on approach. One thing I would say is that tons of people have target date funds and were/are still in a higher bond mix than they should have been. But investing is tricky and most investors don't do the right thing all the time.