Tuesday, Apr 06, 2010
With forecasters projecting higher interest rates and the market anxiously awaiting
Money cnn: Bonds in the 'danger zone'
"We're in the danger zone," said Bill Larkin, a portfolio manager at Cabot Money Management in Salem, Mass. "There's likely to be some sort of hit to the bond market."
Posted by mark @ 11:12 AM (303 views) Add Comment
2 Comments
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1. Crunchy said...
LOL, Markets were made to be hit!
2. stillthinking said...
"It feels like we're starting to go too far, too fast," said Benji Bailey
And with no promise of marriage who can blame Benji for his concerns.
I don't see that staying in cash is the safe option in this case though, they must be worried about losing out on a better price later more than anything else. Bonds fall in price with inflation and cash is no good in that case. So must be the huge amounts demanded making buyers think about squeezing the governments. Which makes me think, can government ever need more than is available? Because if the problem is excess debt/savings, and the govs are borrowing to spend, then they would never need to borrow more than is saved. I have to think about that some more.