JUN 30, 2017
ORIGINAL SOURCE: Central Bankers Just Lit the Fuse on a $217 TRILLION Debt Bomb by Graham Summers of gainspainscapital.com on 6/30/17
This a very dangerous situation as long-term interest rates are supposedly controlled by the market and not the Fed. With all the leveraged debt out there (the world has packed on $68 TRILLION in debt since 2007). Rising bond yields jack up the cost of money which if becomes out of control could blow up the entire credit debt market.
Please read the rest here; Central Bankers Just Lit the Fuse on a $217 TRILLION Debt Bomb