When bond prices go down, interest rates are going up. Today appears to be a good day for bonds, but below is a chart of the daily bond price actions this year. Can you see the trend?
Who sells bonds?
Who buys bonds?
How will higher interest rates affect global debt?
What happens when bond sellers default? Poof... do bond holders survive, or just eat their losses?
What are most retirement funds invest in?
These are a few questions you might want to think about.
Here is today's beauty.
