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ChasnotRobert-
I think we're in an anticipating-higher-inflation situation, which isn't quite the same thing.
For example, from last month: https://www.morganstanley.com/ideas/rising-rates
and, possibly paywalled:
https://www.economist.com/britain/2021/03/31/british-firms-are-adapting-to-lockdowns-and-confounding-forecasters
useless
As above, in a high inflation low interest rate situation paying off your mortgage of 1%-2% is not a return.
If your mortgage rate is 5% then knock yourself out.
I think it’s a lose-lose situation tbh - paying down debt gets you nothing, and investing feels riskier than it should. Do your research and roll the dice.