Are we stuck in a Central Bank Bond Bubble?

Look no further than this headline for an answer;

• Business Insider – Italy’s first 50-year bond sale had huge demand

Follow the logic here – Italy, like many other European countries are rolling out extremely long duration bonds, in the hope that the European Central Bank will buy them as part of their QE program?

Who is this helping?  Central Banks need to remember the law of holes: “If you find yourself in a hole, stop digging” – Will Rogers

Good insight from Bill Gross on how this will all end:

• Janus – Monthly Investment Outlook from Bill Gross

More bond bubble news and advice:

• Seeking Alpha – Julian Robertson Believes Central Bankers Have Created A Stock …
• MarketWatch – What should you do if Trump is right about a bond bubble?
• Irish Times – How a bond bubble might sink Irish investors and pension savers