There is Trouble in Paradise
August 12, 2011 at 10:51 AM EDT
The bond market dwarfs the size of the stock market. I know what some of my readers are thinking right now, “If I don’t invest in U.S. Treasuries, it doesn’t matter to me if they go up or down.” This is wrong. The price direction of U.S. Treasuries is based on interest rate expectations. If [...]