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malvinspooner
2020年2月23日午後6時17分

Bond bubble about to blow. ショート

Vanguard Total Bond Market ETFNASDAQ

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With a yield-to-maturity of only 2%, how much lower can it go (or prices of bonds rise) given that the 'real' rate of return is now negative? Deteriorating global economic growth will soon cause spreads to widen (a good portion of these ETF bond funds are in higher yielding corporate bonds) which will hurt bond prices.
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