Saturday, August 8, 2015
The Bond Bubble
‘How many times have you heard the phrase “bond bubble” in the past three years?
‘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 ofthe greatest
‘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
