Yep, bonds globally about to blow ie bond prices down, interest rates up. That's because bonds (which are IOU debt) are riskier than markets price them now. Markets manipulated thru central banks buying bonds keeping prices up, yields down. But QE is supposed to be ending. So there's danger of rapid bond sell-off. Will central banks, Fed, step in with yet more QEeer intervention? Or are powers-that-be ready to let markets crash? Bond crash, yields rising, spells DOOM for stock markets. Massive levels of debt will be more impossible to repay at higher interest rates. Lots of defaults, bankruptcies, worse than 2007~8... on the cards!