What’s The Worst That Could Happen?

Jon Banking

A recent article out this past week by Russ Koesterich via BlackRock noted that bond yields had not melted-up as ‘everyone expected.’
Sorry, Rick.
It’s not everyone, just you guys on Wall Street.
Since 2013, I have been laying out the case, repeatedly, as to why interest rates will not rise. Here are a few of the most recent links for your review:
April 20, 2017 – Why Bonds Aren’t Overvalued March 23, 2017 – The Long View – Rates, GDP & Challenges October 24, 2016 – End Of The Bond Bull, Better Hope Not August 30, 2016 – Why Interest Rates Are Going To Zero August 27, 2016 – Let’s Be Like Japan As I said, I have been fighting this battle for a long-time while ‘everyone else’ has remained focused on the wrong reasons for higher interest rates. As I stated in ‘Let’s Be Like Japan:’

This post was published at Zero Hedge on May 21, 2017.