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The Pimco 25 Year Zero Coupon Bonds Are in a Ten % Drawdown
Zero coupon bonds are in forty one % draw down. In theory, this should be what spikes wen equities puke. And so joshsii, where's the money going? It's going to cash. Well, except that these should be the ones that spike. Except if interestfor late is intresti ai igathe that not only are bonds not buffering el of in stocks, they're causing them.