Brace yourself for one of the greatest interest-rate surges in decades — beginning first in the long-term Treasury markets … later spreading to shorter term Treasuries … and ultimately enveloping nearly every loan, debt, credit, and money market instrument on the planet. This rise may not begin with great fanfare. Nor will it immediately upset the apple cart of the economic recovery. But with the march of time, it WILL gain momentum and reach critical mass.
We have little doubt about this outcome. And today, we begin a two-part series to explain why — plus what to do about it. (more)
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