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Woody
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Why Global Bond Yields Are Tumbling

- Michael Pento - Delta Global Advisors

Well said! Especially " maintain the illusion of prosperity and solvency." Too many investors are on some kind of high.

Commented 3699 days ago

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Beginning of the headline :Market pundits appear to be mostly dumbfounded as global bond yields continue to set record lows. For some examples; the 10 year German bund fell below 1%., the Italian 10 year note has dropped below 2.60%, Spanish bonds fell to 2.40 % and Japan is offering a shocking one half of one percent to borrow funds for ten years. Even Greece, whose bonds were on ECB life support just two years ago, has a 10 year note yielding below 6%. Worldwide bond yields are at all-time lows, leaving mark... Read More

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