The Kevin McCullough Show - US Treasuries are In Big Trouble
Show Notes:
David appears @ 12:45
- Morgan Stanley said the United States has only had a taste of the potential damage from higher bond yields.
- Goldman Sachs said don't buy into the dip regime and that it is over.
- 70% of those polled in a Bank of America survery said that the global economy is in its late cycles.
- Trader Paul Trudor said he would rather hold hot coals than US Treasuries.
- There is a 1.16 Trillion Dollar US Treasury shortfall.
- For more, listen to the full interview.