LPNEWS
If you think stock prices are difficult to forecast, you should get a load of bond prices. As of late, bonds have done just about everything other than cooperate with the predictions of Wall Street’s finest experts. Venerable individuals and institutions alike have forecasted a pop in the bond market’s bubble. The past year has seen the likes of Goldman Sachs, billionaire hedge fund manager Paul Tudor Jones and the one-time “bond king,” Bill Gross, all predict a surge in the yield on 10-year U.S. Treasuries.

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