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Bonds Are Not Forever: The Crisis Facing Fixed Income Investors
by Simon Lack
For over thirty years, since interest rates peaked in the 1980s, two powerful economic forces have been at work. The steady fall in interest rates and inflation helped bring about a dramatic growth in debt, by both governments and individuals. This culminated in the real estate led boom and bust in 2007-08, following which government debt levels exploded as they sought to ...more
Hardcover, 240 pages
Published September 3rd 2013 by Wiley
(first published August 1st 2013)
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