Rising Yields Could Kill the Recovery
Three weeks ago, I wrote that I was sticking to my call for a U.S. recession, and that the risk of deflation outweighed that of inflation. Lakshman Achuthan of the Economic Cycle Research Institute also reiterated the recession call. I can understand the heat he's under, and the need to respond.
So, in response to many queries following the rout in U.S. Treasuries, I thought I'd address this situation again....649 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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