PENSION FUNDS are a ticking TIME BOMB Leveraged Bond Losses
This is a lot worse then what I expected. The losses of bond holders are continuing to creep up. And it is not just the Banks, its in particular the Pension funds that must have been hit hard. And nobody is really talking about this disaster. The little bump in the road which was the implosion of the UK pension funds was not even the Tip of the iceberg. So this is the latest update from Bloomberg on the estimated US Treasury Bond losses when we subtract the market value from par value. So as long as Yields continue to go up, this is not going to stop anytime soon. We have just made another low, crossing 1 point 4 2 9 trillion dollars in unrealized losses for the holders of these bonds. That is a staggering amount. This chart goes way back to the seventies and as we can see, this has never happened before to this extend. And it is getting worse because it is not only the Federal Reserve with their interest rate policy of raising rates. Because the government is spending like a drunken sai
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