So, after more than ten years of almost 0.00% interest rates in the USA, people are moving their cash savings into investment grade debt that actually pays 4%-5%.
Why should that surprise anyone?
USA investment grade interest rates are STILL below the inflation rate in most cases, so it is just cash sloshing around the financial system.
“So, after more than ten years of almost 0.00% interest rates in the USA, people are moving their cash savings into investment grade debt that actually pays 4%-5%. Why should that surprise anyone?”
exactly ...