If you thought you had it bad with 10-year Treasury yields at 2.3%, take a gander across the pond. In Germany, 10-year government bonds yield only 0.80%. It would take 87 years to double your money at a 0.80% return. That is more than a life-time for many. The comparable number for the 2.3% return available on 10-year Treasuries is about 30 years. Still not great, but it could be worse. It could be worse for the Germans too. In Japan, the ten-year government bond yields only 0.48%. At 0.48% you would need two life-times to double your money.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Cities of the Future - August 17, 2018
- Is Voice Shopping Already Dead? - August 16, 2018
- A $35k House that Makes its Own Water, Grows Food, and Is Energy Self-Sufficient. - August 15, 2018