Is the biggest risk of holding long term treasury bonds

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Writing in late 2009, a columnist in the Wall Street Journal argued, "The current yield on 30-year Treasuries is about 4.4%, and on 10- year bonds it's about 3.4%. Anyone lending their money for that length of time on those kinds of terms is taking a big risk."

Is the biggest risk of holding long-term Treasury bonds at low interest rates the risk that the Treasury will default? Or is there another type of risk that investors should be more worried about?

Reference no: EM131305363

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