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In other news Marc Faber (No Mister Bond..i expect you to DIE!) sez he thinks 5% rates are on the way as does a member of the Bank of England.
I wonder if the FED/BOE has run out of "funny money" & the risks of going to hyper inflation are too great?.............They now will to throw themselves are the mercy of the "Bond vigilantes" (so long as they don't want more than 5%?).
Mike
In other news Marc Faber (No Mister Bond..i expect you to DIE!) sez he thinks 5% rates are on the way as does a member of the Bank of England.
I wonder if the FED/BOE has run out of "funny money" & the risks of going to hyper inflation are too great?.............They now will to throw themselves are the mercy of the "Bond vigilantes" (so long as they don't want more than 5%?).
Mike