Bond math quiz of the day: Can you lose more than 30 years of coupon interest payments when buying a 30-year bond? Why yes. Down 53.25% from its 5/15/2020 debut, this 30-year charming beauty has shed 46.2 YEARS of interest payments. And they say bonds are less risky than stocks… pic.twitter.com/ZpDaeMnben
— Christopher Bloomstran (@ChrisBloomstran) October 2, 2023