May 5, 2012
No guaranteed safety in financial safe havens
Government bonds, especially US treasuries, are a renowned safe haven, but investors have been worrying about a bond bubble since 2009.
It hasn't burst yet, but as the US economy picks up it could rapidly deflate, warns Dan Dowding, the chief executive of IFAs Killik & Co in Dubai. "If financial markets and the macroeconomy continue to stabilise in 2012 and 2013, demand for US treasuries could fall."
Tuesday: PPI, Fed Chair Powell, Q1 Quarterly Report on Household Debt and
Credit
-
[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: What
You See Today Won't Necessarily Be What You See Tomorrow
With essentially nothing ...
3 hours ago
No comments:
Post a Comment