Jun. 12 - Louise Yamada says "the process is in place for a reversal from its 26-year bond bull market moving into what is going to become the next bond bear market."
The maverick market technician, speaking at the Reuters Investment Outlook Summit in New York on Tuesday, says right now "bonds are in a transitional trading range between 3 1/2 and 5 1/2 percent."
Yamada points out "we would only be moving into the 8th cycle for interest rates in the last 206 years."
Speaker:
Louise Yamada
Founder, Louise Yamada Technical Research Advisors
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