From Dr. Steve Sjuggerud, Editor, True Wealth:
It’s already happening.
And it came faster than I expected.
The fall in interest rates is here. Right now.
Ten-year government bond rates have already declined from 2.60% last month to just 2.36%, as I write. And the move down is likely not over.
Let me explain…
Last month, I detailed why interest rates could surprise everyone and head lower in 2017.
The reason was simple: Sentiment was at an extreme. The entire investing community was betting on higher interest rates.
The story is timeless. I’ve seen it over and over again in the investing world. And it typically leads to the same outcome…
When the majority of investors bet one way, the opposite tends to occur. That’s what I explained last month. And it’s already working out. The fall in interest rates is here.
Again, interest rates on 10-year government bonds have