 | John Rubino - Dollar Collapse |
| Variable Rate World, Part 3: 'This Horror Show Is Just the Beginning |
| It's easy to assert that big banks and other holders of long-term bonds will
be crushed by rising interest rates, but it's tough to calculate just how bad
the carnage will be and how quickly it will come. Tough but not impossible.
A couple of recent Zero Hedge articles provide some data - and it's brutal.
First, this from July 8:
Chart
Of The Day: Taper Fears Lead To Biggest Monthly Loss In Bank Securities
Portfolios Since Lehman
Wondering how the blow out in interest Friday, July 12, 2013 |
