Thursday 4 March 2010

Moneynews

Breaking News from Moneynews.com

Economist Hennecke: Bond Disasters Brewing in U.S. and Europe


Investors should take a closer look at how much recovery has occurred in the United States and other Western countries, said Martin Hennecke, associate director at investment and financial advice firm Tyche. The bond market could be hit with the next crisis, especially long-term U.S. Treasuries and even European sovereign bonds and currencies, Hennecke said. "They are very much at risk now with this huge budget deficit," he said. 

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