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Sunday, June 1, 2014

We Have Not Seen This Remarkable Event For Centuries

from KingWorldNews:


Everyone is asking, ‘Why are bond yields near record lows?’ If you can answer that question, you can find out what’s going on for the immediate future for the U.S. and global economy. The Wall Street cheerleaders are telling us that the yields are falling for ‘technical reasons.’ They are claiming that there is a lack of supply of U.S. debt because of deficits that have come down so dramatically.’


This is what actually comes out of their mouths. As a point of reference, the 10-Year Note in the United States is now at 2.45 percent, and yields on sovereign debt across the entire globe are at or very near all-time record lows, and this is going back for centuries.


Michael Pento continues @ KingWorldNews.com






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