The bond marjet usually raises less emotions that the stock market. Nevertheless, due to the turnabout made by European Central Bank, it was the debt market to cause the most heated discussions. Some people see it as the next investment bubble. while others - chance to the economic breakthrough in monetary union.
The stock value on world markets has just reached the truly astronomical level of 66 trillion dollars, as the Bloomberg agency informed. Before the 2007 crisis the stock value reached 63 trillion dollars only to fall to 25 trillion in March, 2007. Simultaneously, the S&P500 index for the first time ever has exceeded 2,000 points. However, the changes affecting life of the regular John happened on the bond market.
Piotr Lonczak, Cinkciarz.pl analyst