Bill Fleckenstein is a noted market bear…so take his negativity with a grain of salt. With that said, his basic thesis on this may be right. I wouldn’t be at all surprised to see a quick “bump” up in rates here more info
in the US by year-end. Having the 10-year jump from todays 1.94% to 2.25% in a 6-8 week period may be possible.
Mamta Badkar|May 14, 2013, 6:09 PM Read more: http://www.businessinsider.com/fleckenstein-abenomics-could-end-american-stock-rally-2013-5#ixzz2TP5kWBuf