2min chapter

Planet Money cover image

Two innovation market indicators

Planet Money

CHAPTER

The Risks of Government Bonds

Buy a US government bond as kind of like welcoming a large cat onto your lap. But let's not forget that the beast possesses razor sharp teeth and hook like claws. Handle it wrongly and you could get badly mauled. We ask Priya to find as one issued during covid, which is when rates were at zero. She says: "I'm seeing a really old and this was issued in 2020"

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