Talk Your Book: Investing in Fixed Income
Animal Spirits Podcast
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The Future of Fixed Income
Is it possible for that to ever put a cap on rates where rates could stay low or just not go very far to the upside in the coming decades? It could, particularly in short periods of time, but I think smart investors will ultimately demand real rates of return or a positive real rate in the bond market. If you're investing in your principal or you're purchasing powers being eroded by inflation, you're only going to tolerate that for short period of time.
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