A World in Upheaval

Posted by Rick Ackerman - Cam Fitzgerald

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The T-Bond market is groaning.  Like a great, creaking ship lurching to one side, the sounds of shifting portfolio positions have grown louder and more ominous by the hour, accompanied by the clamor of bailout pleas and a mad scramble for the life rafts. Rates are on the rise and prices falling. Bonds are dead, long live Bonds!