Business & Finance
Yields Too High to Ignore Lure Investors Back to Long-Dated Debt
Key Points
Bonds Yields Too High to Ignore Lure Investors Back to Long-Dated Debt Long-dated government bonds spent much of the year punishing anyone brave enough to own them. Now yields are high enough that investors are coming back. Risk-free payouts near multi-decade highs are becoming difficult to resist, particularly with stocks looking expensive and volatile.
Bonds
Yields Too High to Ignore Lure Investors Back to Long-Dated Debt
Long-dated government bonds spent much of the year punishing anyone brave enough to own them. Now yields are high enough that investors are coming back.
Risk-free payouts near multi-decade highs are becoming difficult to resist, particularly with stocks looking expensive and volatile. Ten-year US Treasuries yields peaked at almost 5.4% this month, their highest since 2002, while those in Japan reached a 30-year high of 3.14%.