Locking in a Smaller Loss
From The Aleph Blog
January 4, 2013 - 12:44am
Why are TIPS yields negative out to 20+ years? People are willing to lock in a loss versus CPI inflation in order to avoid a possibly larger loss. Why do some people continue to invest in money market funds, bank deposits, savings accounts, when inflation is running at 2%+/year? They are willing to lock in [...]
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