Here we go again…
Since June of 2013, I have been writing about the reasons why rates can’t rise much and why calls for the end of the “bond bull market” remain wrong.
Regardless, about every 3 months or so, there is a tick up in rates and you can almost bet that soon thereafter will be a litany of articles explaining why THIS time the “bond bull market” is really dead. For example, just from this past week:
- Great Ready For The Great Bond Bust Of 2020
- The Great Bond Bull Market May Be Coming To An End
- 700 Years Of Bond Data Forewarn Of Rapid Reversal From Low Interest Rates
What is the argument from low rates will rise?
It basically boils down to simply this – rates are so low they MUST go up.
The problem, however....
...also from Seeking Alpha: