Re:How This Ends
by mellavora on Sunday May 22, 2022 @02:55PM
(#31471508)
bonds aren't currently yielding north of 10%. If they are currently at 2.5% (using your number, not to pick on you, but it is what I have at hand), then move to a 10% yield, the people who bought at 2.5% get a haircut.
Really? 2.5% bonds in a 7% inflation environment is an attractive bargain?
This part didn’t compute:
> Bonds will be wrecked […] because it's actually a really good deal to buy bonds when they yield north of 10% (if we get there).