Jan 23, 2014

If The Federal Reserve Withdraws Itself From The Bond Market, It Will Implode

Why would you want to buy U.S. Treasuries? The yields are too low compared with every other asset. Why would`t you just buy stocks? I mean, the yields are too low relative to where inflation is, relative to the risk. If the Federal Reserve materially withdraws itself from the bond market, the bond market implodes.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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