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by kgwgk 383 days ago
> there is practically no way the US bonds would not pay out or lose value.

Bonds can "lose value" and they did so quite strongly in 2022/23.

If you bought 20-year bonds in 2020 for $100 they are worth $60 now (and were as low as $55 in 2023). Getting $1 per year is far from compensating the loss.

They will recover gradually until they "pay out" $100 but right now they're underwater.