Euro-area bonds may offer NYTM for decades, or forever
For euro-area bonds to emerge from NYTM, interest rates on the income need to rise to double digits by 2023
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In this article
- Negative rates
- NYTM
- Euro-area is highest-risk
- Investing in NYTM
- Interest-rate paths
- Japan
- Euro-area
- United States
- Longer bonds
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