Tuesday, June 8, 2010

Bonds could lose 30 percent of their value

Voltron says: Bonds are considered a "safe haven" but they are not.

Excerpt:
Bob Froehlich with Hartford Mutual Funds says ... the bubble could pop when the Fed does what it'll have to do to stave off inflation -- raise interest rates. He says when that happens, today's bonds could lose 30 percent of their value if they're resold on the secondary market.

http://marketplace.publicradio.org//display/web/2010/06/08/pm-concern-over-a-bond-market-bubble

No comments: