Large increases in the value of bonds have boosted the three-decade return on Treasurys to above...
Large increases in the value of bonds have boosted the three-decade return on Treasurys to above that of equities for the first time in 150 years. On average, long-term government bonds have gained an annual 11.5% since 1981, exceeding the 10.8% increase in the S&P 500.
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