Hey Wilbur: Long-Term Bond Bubble Getting Ready to Burst

From CNBC:

Long-term government debt, which has provided some of the best market returns for decades, now poses the greatest threat to portfolios, investor Wilbur H. Ross told CNBC.

Ross added his voice to the warnings regarding Treasurys at the far end of the yield curve, cautioning that the inflation specter is about to creep up and hammer the value of fixed-income government securities.

"I think the greatest bubble that is about to burst is the 10-year and longer Treasury, because the idea that inflation is gone forever and for all time, and therefore these artificially low rates can last, is silly," the president of W.H. Ross & Co. said in an interview.

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Link: http://www.cnbc.com/id/46805820