A Global Bond Bubble Is Emerging That The Pros Never Could Have Imagined

Europe is on the ropes as investors shun peripheral euro-area government debt. In the United States, interest rates are fixed at zero, and government bonds are arguably already quite far along in an epic 30-years-and-running bull market.

Given the state of global debt markets and the apparent lack of value across the investment landscape, it's easy to see why interest has turned to emerging economies…...

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