‘It seems that every time you turn on financial television or go to a financial website, there’s an analyst warning you about a bond bubble about to burst. The commentary usually consists of the observation that “interest rates are near an all-time low” and “have nowhere to go but up.”
‘There’s not much more to the analysis than that. In fact, interest rates are near all-time highs and could drop significantly, setting off one of
- Jim Rickards via Money Morning