CatalystFixed Income

Global bond market meltdown extend far beyond just UST so a major 2008 type of event seems likely after 2 decades of ultra low interest rates.

What changed

Iran conflict may finally force the bust part of economic cycle after govt continued to shower liquidity & blow bubble ever larger. — via @tphuang

Why it matters

Global bond meltdown plus Iran conflict signals 2008-type bust after decades of ultra-low rates.

Sources