Well? Will bond yield rates be raised (and bond prices lowered)? Will the real casino fun begin?
Glad you brought this up. I admittedly don’t understand the bond market but I have been wondering how you would invest in a rising rate market to make money off of it.
Casinos have been doing fine for years, and the way to get rich at a casino is to own the casino:
Interest rates otoh make no sense at all. I mean low rates are supposed to mean excess liquidity --too much money looking for too few borrowers. So now rates are so low we got lenders that are paying people to borrow their money --and yet borrowing rates are at record lows.
What are we missing here?