Loading ...Re Bonds
There are v good reasons for Bond rates to go up…..the sheer size of the supply, ie the amount they have to sell just to finance spending, plus all the debt that has to be refinanced…the only reason rates are not way up is because the Fed has run QE…that supposedly is stopped….so rates should normalize.
But we live in unreal times and their games have so far inoculated them from reality…..