The Scarcity of Income: Neuberger Berman
Posted on March 22, 2012 at 12:18 PM EDT
The post-global financial crisis environment has resulted in rock-bottom yields for U.S. Treasuries and other sovereign debt deemed to be either liquid or low risk. This situation leaves income seekers in some markets with a negative real yield (inflation adjusted), which could become more manifest during periods of rising interest rates in eventuall...
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