(4/n)
...full-scale collapse👈 — and this is a category of asset that is regarded by most investors as very safe."
Also, someone (not Mr. B.) that has most of his/her expenditure not in dollar terms. There is a significant currency risk on top of that.
But then, there's volatility, and there were many articles about this at the beginning of th>is year:
"By one measure, the #bond market was more volatile than it was in any other year for at least the last decade."
...