Why would they sell? US bonds are welfare for rich people; it’s a guaranteed solid ROI that underwrites their riskier investments.
I think it would take a crash of the global financial system to fundamentally change the logic of the bond market. We haven’t seen a crash that devastating since WWII.
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Why would they sell? US bonds are welfare for rich people; it’s a guaranteed solid ROI that underwrites their riskier investments.
I think it would take a crash of the global financial system to fundamentally change the logic of the bond market. We haven’t seen a crash that devastating since WWII.