Bonds Are Sniffing Out We Have Our Next Leg Up Higher In Inflation… BoA: 5% Inflation Could Cause 15% of Junk Bonds to Default
TLT is cracking lows not seen since 2011. BREAKING: Bond tracking ETF, $TLT, falls below $90 for the first time since April 2011. The 10-year note yield is now trading above 4.50% for the first time since 2007. The 2-year note yield is now up a massive 500 basis points …