"Something very strange is going on," Shiller told Business Insider by phone. "It seems unlikely that interest rates will stay so low for 30 years."The world's most accurate economic forecaster sees a 'prolonged global slowdown' on the horizon — and warns it can only be narrowly avoided
But Shiller identified at least two other narratives at play — and he explores several more that drive markets exuberance in a new book titled "First, Shiller noted that demographic changes have been a factor in the decline in yields. The rapid aging of baby boomers has sustained the demand for steady income that Treasurys offer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
These links to articles behind pay walls are getting a little irritating timewaster clickbait