US Bond bull market over?

[Peter1469]

Bill Goss says that the bull market in US bonds is over. http://blogs.marketwatch.com/thetell/2013/05/10/bill-gross-says-bond-bull-market-is-over-buys-treasurys/



This has a downside. It means interest rates will rise. A 1% increase in interest will add $100B more to service the debt in the US. That money will have to come from somewhere. Europe and Japan will have even more problems considering their debt.

The central banks have been working overtime to keep interest low for a long time. They may no longer be able to do it.

[zelmo1234]

The Truth is it is about time! We have to get this to the bottom!

Then we can start to rebuild!

[Peter1469]

A lot of the bubbles we and other nations have been dealing with the last several years were caused by artificially keeping interest rates low.

[truthmatters]

http://en.wikipedia.org/wiki/Bill_Goss_(author)


why does his opinion matter?

[simpsonofpg]

A lot of the bubbles we and other nations have been dealing with the last several years were caused by artificially keeping interest rates low.

No Sh*& / Sherlock, our congress has been messing with the economy for the past 30 years. THe don't want to fix it. Their number 1 goal is re-election. I Think term limits will help if we have an economy to fix after this is over. We need to deal with realit not change it so we can't recognize it.