Jeremy Siegel on the Stock Market Under Covid-19 (Podcast)
Masters in Business
00:00
What Does This Mean for Private Capital?
The overall level of US debt is about 106% of GDP. The biggest reason for the decline in long-term bonds is low inflation and liquidity, he says. But actually, that now treasury debt is the hedge asset of choice to cushion shocks,. And that's eaten up all that increase and has kept the interest rates really down.
Play episode from 39:05
Transcript
