In the Coming Financial Wipeout, This Will Figure Prominently, and Not in a Good Way

October 27, 2016

In the coming financial wipeout, this will figure prominently, and not in a good way.

By Bill Fleckenstein President Of Fleckenstein Capital

October 27 (King World News) – Overnight bond markets were quite weak again and it is looking more and more like the bond blowoff that began last summer now clearly has ended (30-year Treasury yields having risen from 2.1% to 2.6%) — and perhaps the 35-year bond bull market along with it. (If so, it will be the top of a lifetime, and I will discuss it more prospectively as it starts to play out.)…

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