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> With interest rates so low (and lots of headwinds for them to increase in the short-term)

Note that while interest rates are fairly low (especially for short term <5 yr debt), the yield on a 10 year US treasury, which is often used as a benchmark, has been consistently increasing for about 6 months and is ~50% higher than it was at the beginning of the year: https://fred.stlouisfed.org/series/DGS10/




Yes but it is still below projected inflation, i.e. 10 year real yield is still negative.




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