Aussie Bond Market Carnage Pointing to Potential Global Sovereign Debt Crisis

Today we will look at the Australian government bond market and how the RBA or Reserve Bank of Australia has lost complete control of yields. With inflation raging in Australia and all around the world it looks like the troubles in the Australian bond markets will quickly migrate worldwide.

Our conclusion is that we could be in the beginning stages of the implosion of the bond market bubble which would prick all other financial market bubbles out there.

See Also: (Maneco64) – Financial Madness Abounds as Government Spending Is Seen as Inflation Cure. Mike & Mario Show