Money For the Rest of Us cover image

Why Negative Interest Rates Are Dangerous

Money For the Rest of Us

00:00

The Importance of Durability in Investing

Negative interest rates mess with the basic plumbing of investing. When you have negative or very low interest rates, you essentially can justify any valuation for risk assets which also makes them way more risky. The best estimate of a bond's return is its current yield to maturity as interest rates adjust.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app