US Treasury 10-year yields recently hit seven year highs. In the case of bonds, getting high is not a good thing; it means that the value of your bond is declining. It means that the cost of your debt is increasing. It means that the leverage you have used since 1980/81 to make a pile of dough in real estate is turning against you…. CLICK for complete article

US Treasury 10-year yields recently hit seven year highs. In the case of bonds, getting high is not a good thing; it means that the value of your bond is declining. It means that the cost of your debt is increasing. It means that the leverage you have used since 1980/81 to make a pile of dough in real estate is turning against you…. CLICK for complete article

I was asked two important questions in this mind-boggling era of QE: The Bank of Japan has monetized 50% of its national debt; so why has there not been a surge of inflation? And why can’t the Fed restart QE and do the same without triggering inflation? CLICK for complete article