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Writing in late 2009, a columnist in the Wall Street Journal argued, "The current yield on 30-year Treasuries is about 4.4%, and on 10- year bonds it's about 3.4%. Anyone lending their money for that length of time on those kinds of terms is taking a big risk."

Is the biggest risk of holding long-term Treasury bonds at low interest rates the risk that the Treasury will default? Or is there another type of risk that investors should be more worried about?

Financial Management, Finance

  • Category:- Financial Management
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