Submitted by Temperature_Foreign t3_123xz8m in wallstreetbets
one_part_alive t1_jdxyn8l wrote
Reply to comment by [deleted] in The economy in 2023 for dummies by Temperature_Foreign
If you buy a bond before rates come down the guaranteed return doesn't change at all. As a matter of fact, for long term bonds purchased before rate cuts, the value of them increases as newer bonds yield lower and lower returns.
[deleted] t1_jdxzfuy wrote
I made a mistake in the prior comment cuz I was distracted - for that Regarded blunder, I apologize
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