The most recent move lower sparked a sell-off in stocks as it signaled that economic growth was in distress.
Having bond yields this low around the world is"a tragedy for investors," Grant told Business Insider by phone.'The greatest bubble ever': One market expert warns that a relentless bull market is on the brink of crashing and explains how to profit from its demise "I think this is going to have a very negative effect on mostly US banks," he said."It's also going to have a negative effect on Wall Street as nobody can pay anybody much interest."Grant added that lower yields represent a double whammy for pension funds and their clients who are saving for retirement. The fixed-income portion of their portfolios would come under strain amid low bond yields, he said.
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I also think about what will soon be the collapse of the stock market
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