Apr
30
The Global Bond Market Bubble DWARFS the Housing Bubble
ByThe global Central Banks, driven by their Keynesian lunacy, have induced the single largest misallocation of capital in history.
Nowhere is this clearer than in the bond market today.
Do the following sound normal?
1) Globally 45% of all Government bonds yield less than 1%.
2) Spanish and Italian bonds are at levels not seen since the Black Plague.
3) German bunds have NEGATIVE yields as far out as 8 YEARS.
4) The 10-YR US Treasury yield is at levels not seen since we were in a World War…
The Global Bond Market Bubble DWARFS the Housing Bubble
