Aug

24

The real return to bonds in the twentieth century was 1 percent: 1! [Source: Dimson, Marsh, Staunton]

I think a cross section of all developed countries and 100 year periodicity of returns is enough to say, things are just about right, perhaps real interest rates around the world are still slightly too high (I expect long term, 20 year tips rates to settle right below 1 percent eventually)


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search