It goes a long way to explaining why yields are going negative no rational investor would hold them to maturity.
You are viewing a single comment's thread from:
It goes a long way to explaining why yields are going negative no rational investor would hold them to maturity.
I certainly wouldn't want to hold them that long. Isn't the person who buys the bond mid term equally unwise? I suppose it depends on the state of things at the time.
I don't see a good reason if it's above par, unless you know for sure that rates are going lower.