I’ll add that Section 4 of the 14th amendment of the US Constitution makes it unconstitutional for the US government to default on its debt. However, the US government is currently printing money at prodigious rates; the possibility that the dollar may not hold its value is a realistic concern. Naturally this would impact the value of dollar-denominated bonds.
I’ll add that Section 4 of the 14th amendment of the US Constitution makes it unconstitutional for the US government to default on its debt. However, the US government is currently printing money at prodigious rates; the possibility that the dollar may not hold its value is a realistic concern. Naturally this would impact the value of dollar-denominated bonds.