By: Joseph Hogue of Street Authority
The great bond exodus may have begun. Fears of Federal Reserve-induced interest rate increases are pushing bond yields up and bond prices down.
In fact, more than $1.2 trillion in value has been wiped out in the global bond market since April.
The selloff has accelerated when the June employment report showed that wages in May increased by the most since August 2013.
Signs of an economic recovery in Europe have also pushed losses on global bonds even further. The yield on the German 10-year bund has jumped nearly ten-fold since late April. Continue reading "The Only Place To Find Safe Yields"
