Just passing along a very good piece from analysts at JP Morgan on myths about US government debt. These will all sound familiar to regular readers, but it’s important to emphasize given the fears in the mainstream media and the upcoming debt ceiling debate. US government bonds have been tremendous performers over the last 20 years even as many of these myths have grown in popularity. Unfortunately, these myths keep many investors from allocating assets to this important asset class.
Go have a read. This can’t be passed around enough….For more detail see some of my readings on this stuff:
