I'm definitely not playing. Rates have gone down down down for 30 years as debt has increased exponentially . Why because the market figured out along time ago that they can never not have the ability to pay .
How can nata and fish not understand this when the market figured it out not long after the gold standard was abolished .
By the way total redemptions for 2012 were roughly 60 trillion .
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long end of the curve?, page-15
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