Happy Thursday! I’m conflicted and want to poll my readers: what do you think of the bond market?
Here’s my reason for asking: I’m smart enough to know (believe it or not) that bonds fall as interest rates rise….BUT I’m reading something different lately.
I’ve been reading from experts as smart as Bill Gross that the bond collapse has already been factored into the market overall (bonds have fallen hard the last few weeks). To an outsider, this may actually look like a buying opportunity. In fact, some pros are reportedly buying up government and agency bonds right now.
Do you think the bond collapse is over? Give me your best argument below. Thanks!