One possibility is that the economy will start returning to normal, in which case short-term interest rates will rise and bond markets will suffer.
有一种可能性是,经济将重回正常状态。在这种情况下,短期利率将升高并且债券市场会遭受冲击。
2
So a two-year bank CD or a Treasury inflation-protected security yielding around 2%, and short-term investment-grade bond funds at 2% plus, aren't the end of the world.