How do you get to be a “bond king”? Wouldn’t someone have at least heard of you?
He’s made a few billion in the bond market.
Not to mention why would anyone invest in bonds today.
This country (and the whole world) is floating on an ocean of debt with no land insight.
Virtually every major city in the country is facing bankruptcy because of unfunded pension debt.
Maybe corporate bonds are safer, but I can only see a collapse of municipal bonds bleeding in to corporate bonds. There will be a great temptation in government to save their pension funds by raising taxes on everything and everybody.
The future’s not bright you can take off your shades.