Bond cycle turning?

In Financial competency, Financial planning on 18/03/2012 at 9:25 am

US tresuries are weakening (The interesting issue is the bond market which (as a regular commenter astutely noted on the last post) has seen a steady decline, taking the 10-year Treasury yield to a five-month high) while retail investors here are rushing into perpetual bonds (prices will fall, if interest rates go up) and retail investors globally are piling into bonds or bond funds. They are expecting a Japanese-like scenario with interest rates falling even lower.

  1. Stupid people. Golden Age is coming up. Go into risk assets man.

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