[quote=kev374]down again and Morgan Stanley has just come out saying this is just an appetizer and to wait for a massive crash later this year… buckle up. Seriously what did the retards in Washington think was going to happen when they took on all this ridiculous debt?[/quote]
You never need to listen wall street sell side recommendations – professional investors never listen to them. They are fuckers, liars and also sales men of brokerage houses. When Goldman quietly shorted mortgage bond market just before the financial crisis, they were just boasting the mortgage bond products to public.
U.S. 10 yr bond yield is already the highest in developed world. France and Germany have negative 2 yr bond yield, 5 yr bond yield was negative a few months ago, now just turned slightly positive, 10 yr yield at 0.7 or 1.0% now There is still some global deflation force (mostly Europe and Japan) which will limit U.S. bond yield: http://www.wsj.com/mdc/public/page/2_3022-govtbonds.html?mod=mdc_bnd_gvtbnd
When corporate bond market smells trouble, that is the time we need to worry. Right now corporate debt side is super healthy.
