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Home>Betting on Bubbles

Betting on Bubbles

Perspectives Content Submission

Thu, 14 Oct 2010

Investors with huge amounts of assets under management (e.g. pension funds, sovereign wealth funds etc.) are buying US government debt at an astonishing rate. As a result, the annual return one can expect on a US 10-year Treasury is around 2.5%! Keeping in mind that the US central bank attempts to
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