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BCB077_GREG FOSS & JOE CARLASARE: The Bond Debate

Blue Collar Bitcoin

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The US 10-Year - The Maximum Return You Can Expect Is 3.63%

If you were to buy that US 10-year treasury, absent of a default, over the next 10 years, the maximum return you can expect is 3.63%. You cannot do that consistently because if you could, accounts would outperform their benchmark over time called actively managed bond accounts. That's where we might be disagreeing on a trade versus an investment philosophy. And today is a very substantial day. I don't know if you guys saw that the USA passed 31 trillion as their funded debt obligations in the world right now.That's over $100,000 per US citizen funded debt. There were negative yielding bonds in the world. Going back to what that yield rewards you for to

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