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Bond market bondage

Here comes the next set of economic beasts that our government, Goldman Sachs, Fed and Treasury will need to work together to battle. First, you have the REIT market that might not make it if housing doesn’t recover soon. Second, you have the bond market that will get marked down as interest rates rise. Unfortunately, for a housing recovery, you need an economic recovery, which will lead to increasing rates, which will end in a bond market mass stampede to the door. […]