UH-OH: This Building Means The Great Bond Bull Market Is Coming To An End

The US Treasury market has been in a constant bull market for over 30 years now, defying thousands of sceptics along the away. In the last few years the rally has been particularly intense, as myriad investors have proclaimed that there’s no way rates could go lower… and yet they have.

But all things must come to an end, and this is the sign that we’re close.

Calculated Risk has put up a picture of the new PIMCO tower in Newport centre California.

It’s a new 20-story, 380,000 square feet tower that will have amazing ocean views.

Given that no firm has ridden the bond bull market like PIMCO has, the fact that they’re about to walk into the New Headquarter Curse says something big about the end of the rally.

PIMCO

Photo: Calcualted Risk

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.