AMEX:HYG ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF
Whisper it, forget bubbles, commodity bubbles, how about a Bond Bubble. Everyone is looking for the bubble that will burst first, not if. So the US , government, funds, and individuals, owns half of the Puerto Rico Bonds, and Puerto Rico is now NOT TOO BIG TO FAIL? Mmmm. Could be the start of something, making a statement possibly, if bonds fail, fall, no one there to help? Greece and the Euro zone, bailing them out? What's up with this? Or maybe a bigger statement, if we bail Puerto Rico , then we have to bail other bonds that fail, or about to fail? Puerto Rico may not be alone, and is not alone, many governments failing, look at Venezuela, riots, food fights, etc.