Emerging Market Bond Bubble?

Nov. 1.10 | About: PowerShares Emerging (PCY)

A couple of quick things:

First I suggest that you read Jeremy Grantham's latest named "Night of the Living Fed". Jeremy is a legendary investor who is one of Wall St.'s all time greats. It's a nice read.

Also:

Emerging market bond bubble anyone (click to enlarge)?


Bubbles are popping up everywhere as Wall St. frantically looks for decent yield. At this point, investors would buy a house full of hookers that had herpes if the place was yielding 8%.

Like all bubbles this one won't end well.