CXP - A Government-Backed REIT That Now Yields 5.8%
When it comes to REIT investing, a tenant’s credit quality is extremely important. But what about the credit quality of the U.S. government?
As per Investopedia,
the United States has a very good record of paying its bills on time. The national government has defaulted on its debts just twice - back in 1790 (under the huge burden of debts incurred in the war for independence) and again in 1933 when the government explicitly changed the rules and unilaterally decided it did not have to honor the obligation to repay its debts in gold