The Great Bond Scam: Wall Street’s Biggest Myth Exposed Authored by Nick Giambruno via InternationalMan.com, There’s a ridiculous and pervasive notion in finance that US Treasuries are “risk free.” People repeat it without thinking. Financial institutions build portfolios around it. And for decades, the world has blindly accepted this trope as gospel. As a result, bonds—especially US Treasuries—became the de facto savings account for many in the post-1971 fiat currency era. Widely regarded as a safe, conservative place to park capital, US Treasuries are the foundation of the massive global bond market. The global bond market is now estimated to… — Continue at ZeroHedge News : Read More
