Investors prefer bonds: How sleepy government bonds became the hot investment of 2022

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Investors prefer bonds: How sleepy government bonds became the hot investment of 2022
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Treasury bonds paid out much more than usual this year. That's great for investors — but it could spell trouble for the government.

Government bonds are loans you make to the government: You buy a bond for four weeks, six months, 10 years, etc., and at the end of that time, Uncle Sam pays you back with a little interest.

Fellow reporter Andrea Hsu and I decided to see what was going on for ourselves, so we went halfsies on a $100 government bond that matured after four weeks. If we'd bought this same bond at the beginning of the year, we would have earned a small fraction of a penny. Now we're getting more than 70 times that.

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