Thursday, April 10, 2014

US Bonds have bottomed

It appeared US bond markets or interest rates had bottomed out in July 2012, before US Federal Reserve implemented the QE3 and QE4 programme. Since then the yield on 10-year treasury note has risen from 1.43 per cent to over 2.7 per cent, so, in other worlds, interest rates have already started going up.

My sense is in 10 years, interest rates based on long US bonds will be higher than they are today... Since we have a huge rally in the US stocks since October 2011, I suppose the next m ..