http://www.thedisciplinedinvestor.com/blog/2009/07/13/treasury-yields-should-be-at-10/
Just for fun....
Take out a bond calculator....
Assume the normal rate for LT debt is 4%....
Now examine the losses at a 10% yield....
Now examine all assets priced with 4% debt....
Now think Japan....and how it is stuck....
And think about ....the incentive to save....particularly at less than 1% Japan rates....
.......................................................................................
One could suggest further "large" losses could be in store....as a real possibility....
For any country that suppresses its real ....normal rates....
Just for fun....
Take out a bond calculator....
Assume the normal rate for LT debt is 4%....
Now examine the losses at a 10% yield....
Now examine all assets priced with 4% debt....
Now think Japan....and how it is stuck....
And think about ....the incentive to save....particularly at less than 1% Japan rates....
.......................................................................................
One could suggest further "large" losses could be in store....as a real possibility....
For any country that suppresses its real ....normal rates....