Buffett: It makes no sense to lend money to the US government at 1.4%

Author: Adam Button | Category: News

Buffett on bonds

The US 10-year is down 7.5 basis points to 1.395% today as yields tumble to multi-year lows.

"It makes no sense to lend money to the government at 1.4% when it's official government policy to have 2% inflation," he told CNBC.

More comments:
  • We're allowing more people to borrow money at weaker terms than 5 or 10 years ago
  • It's hard to believe that in 5 or 10 years we'll have a substantial continuation of negative rates, but I've seen a lot of things I thought I would never see

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