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Bond Yields at Record Low: Relative to BBB Bonds, CRE Looks Historically Cheap
Bond Yields at Record Low: Relative to BBB bonds, CRE looks historically cheap The Fed was prepared to move quickly, applying hard lessons learned during the financial crisis 10 years ago to support credit markets during the economic shock of the pandemic. These efforts complement pre-CoVid trends of structurally low bond yields that reflected relatively […]