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RE: Greenspan warns: Bond bubble about to break because of 'abnormally low' interest rates

in #economy6 years ago

Thank you for the information. Yes, the US bond market is currently seeing its 10-year bond yield rise above 3% p.a. usually known as the line in the sand. What is further more disturbing is that the mortgage loan interest rates are rising quite fast at the same time.

I am from Sydney, Australia and I have penned an article today about the problem of the low interest rate environment. Thought your readers may also find it informative!

https://steemit.com/investment/@sydneycontrarian/the-horrible-trap-of-the-low-interest-rate-environment

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