Wednesday, July 17, 2013

U.S. Treasuries: We Can Have A 4% Yield By The End Of The Summer

"Interest rates are rising, I also have been telling you that bond prices are going to fall, they are falling, interest rates are rising they are going to keep on rising. We can have a 4 percent 10 Year (US Treasury yield) even by the end of the summer." - in Futures Now

Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies