Muni Bonds Continue Slide
Treasuries Fall on Retail Sales, Fed
In many ways once this bond bubble bursts it will be worse than 2008. When people invest in the stock market they understand that they are taking risks, they didn't expect what happened in 2008 but at least should have understood that it was possible. Over the past years many investors have flocked to bonds as they have outperformed stocks and appear "safe". Many of these investors have no idea what might be in store for them if this bond bubble bursts.