Friday, August 16, 2013

what happens @ 3.5

http://theeconomiccollapseblog.com/archives/what-is-going-to-happen-if-interest-rates-continue-to-rise-rapidly

is 3.5 the magic number or is it the beginning of the end

or is it the end?

a slow burn a to collapse is on the horizon since 2001 will it burn up quickly as we get closer to the end of the journey GnS
  read more here:http://theeconomiccollapseblog.com/archives/what-is-going-to-happen-if-interest-rates-continue-to-rise-rapidly




Let us hope that the yield on 10 year U.S. Treasuries levels off for a while.  If it says at this current level, the damage will probably not be too bad.
But if it crosses the 3 percent mark and keeps soaring, things could get messy pretty quickly.  In fact, according to a Bank of America Merrill Lynch investor survey, the 3.5 percent mark is when the collapse of the bond market is likely to become "disorderly"...

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