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February 4, 2015

Mortgages Could Never Sport a Negative Yield, Right? (Right??) — or, “Buy High . . Sell Even Higher”

Making the Mattress Look Good “Investors are willing to lose a little to make sure they don’t lose a lot.” –“Accentuate the Negative”; The Economist (1/24/2015) Could today’s already infinitesimal interest rates ever actually fall below zero, to the point where mortgages sport negative interest rates? My knee jerk reaction is, “Of course not!  That...
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