Globɛl bond rout luk ‘tremendously dangerous’ fɔ stok, hedge fund manija wɔn

Wan intensifying bond rout de piling prɛshɔn pan di global ikɔmi ɛn mek wan “tremendously dangerous” outlook fɔ ikwiti, di chif invɛstmɛnt ɔfisa fɔ Livermore Partners hedge fund tɔk Fraide.

Wan nyu tɛm we intɛrest rɛyt de go ɔp dɔn mek di bɔnd yield dɔn bɔku, we dɔn ambɔg di ritɔn fɔ invashɔn ɛn flip pan in ed di stetɔs kɔo fɔ di pas tɛn ia ɛn af, Devid Nyuhausa tɛl CNBC. Bond yield de muv invasi to prayz.

We dɛn aks am aw da land skay de wɔri fɔ ikwiti, i se: “A tink se i rili denja na dis tɛm.”

“Wi de na dis wɔl we risk de usay, fɔ lɛk 15 ia so, yu bin gɛt bond makit we bin de na bul makit, ɛn yu bin gɛt ret negatif fɔ sɔm ia,” Neuhauser bin tɛl “Squawk Box Europe.”

“Dat dinamik bin de fid ɔlsay na di wɔl ikɔmi, usay haus prayz bin afɔdabul, ɔto bin afɔdabul, ɛn pipul dɛn bin de ɔnda wan envayrɔmɛnt ɛn layf we gɛt bɔku lɔwa intɛrest rɛyt.”
Dat envairoment don shift as sentral bank dem don push go bifo wit ret hikes to takal higher inflation. Dat, in turn, don push bond yield hai en sapped moni from govanment badjet bay we i de rayz di borrowing costs.

Insay di U.S. Trɔza makɛt — we na wan impɔtant pat pan di glob ɔl faynɛns sistɛm — di bɔnd yield dɔn go ɔp to ays we dɛn nɔ si frɔm we di glob ɔl faynɛns kraysis bigin. Insay Jamani, we na di big big ikɔmi na Yurop, di yield dɔn hit dɛn ays lɛvɛl frɔm di 2011 yuro zon dɛt kraysis. Ɛn na Jepan, usay intɛrest rɛyt stil de dɔŋ 0%, di yield dɔn go ɔp to 2013 ay.

“A tink se dat go kɔz bɔku pen fɔ go bifo pan di ikɔmi,” Neuhauser tɔk.