There's No Floor Under Yields. There Never Was.

realclearmarkets.com / Jeffrey Snider

There's No Floor Under Yields. There Never Was. February 28, 2020

In John Maynard Keynes’ The General Theory of Employment, Interest and Money, the concluding chapters deal with, among other problems, the possibility of persistently low interest rates. When the book was first published in 1936, that was the issue a...

published over 5 years ago




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