"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.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
These links to articles behind pay walls are getting a little irritating timewaster clickbait