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IPFS News Link • Stock Market

Some Words Of Comfort For Everyone Panicking This Morning

• https://www.zerohedge.com, by Tyler Durden

So, with the world seemingly coming to an end - if only for all those WallStreetBets traders who have never seen a 3% drawdown in their trading careers - here are some very quick words of comfort from Deutsche Bank's Jim Reid who - unlike so many this morning - gets that there will be no real rise in rates "for the most of our careers."

Here is Reid:

I did a CoTD showing real yields back over 200 years and highlighted that the only time real yields are negative for any period of time are around episodes of high debt. Given today's debt levels, it's likely real yields will stay ultra low for as far as the eye can see even if we're seeing some cyclical pressure now.