Buy On The Cannons. Sell On The Trumpets.

Posted by Henry Hewitt

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US Treasury 10-year yields recently hit seven year highs. In the case of bonds, getting high is not a good thing; it means that the value of your bond is declining. It means that the cost of your debt is increasing. It means that the leverage you have used since 1980/81 to make a pile of dough in real estate is turning against you…. CLICK for complete article

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