Guggenheim’s Scott Minerd warns world bond markets are in a ‘bubble’
The bond market is in a “bubble,”
particularly sovereign debt, Guggenheim Partners global chief
investment officer Scott Minerd warned on Thursday, and he said
that efforts by the Federal Reserve to head off a recession by
cutting interest rates will ultimately prove futile.
particularly sovereign debt, Guggenheim Partners global chief
investment officer Scott Minerd warned on Thursday, and he said
that efforts by the Federal Reserve to head off a recession by
cutting interest rates will ultimately prove futile.
Posted by Reuters
