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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.74+2.2%3:07 PM EST
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To: kvkkc1 who wrote (53368)5/23/2001 2:28:15 PM
From: GVTucker  Read Replies (2) of 77400
 
...and even when there was no deficit, the yield on long term corporates has rarely been below 3%. For long term governments to yield below 1%, real rates would need to be negative or we would need to be in a seriously deflationary environment. When either of those situations have happened in the past, they haven't lasted very long.
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