“Three decades is a long time. And for the past three decades, America has known nothing but steadily falling interest rates. Oh, sure, there have been spikes during that time. It hasn’t been a one-way trip. Federal Reserve rate-hiking cycles and the occasional bond market rout have interrupted that process. But, by and large, it’s been a consistent, steady march lower from around 20 percent for short-term rates and 15 percent yields on the 30-year Treasury bond. That decline is now over. Kaput. That’s what I believe. That’s what many experts believe. Heck, that’s what at least one Fed policymaker has gone on record saying he believes. And that’s what the market is telling us day in and day out.”
http://www.moneyandmarkets.com/is-the-30-year-bond-bull-market-over-youre-darn-right-it-is-54538
Tip Freedomwat.ch Staff with Bitcoin