Especially since people saving for retirement are trying to cover real expenses.It's worth reading William Bernstein ages of the investor and rational expectations. It covers the real risk of nominal bonds in a fiat world.
Did you know that US LT bonds had a negative return 1946-1981?
Statistics: Posted by blortchplop — Sat Nov 02, 2024 1:16 am — Replies 65 — Views 7035