"I could see a very quick and violent - and tradable - upward move in rates," says Jim Grant,...

|By:, SA News Editor

"I could see a very quick and violent - and tradable - upward move in rates," says Jim Grant, who is currently short the iShares IG Corporate Bond ETF (LQD). Not having an idea of when this might happen, Grant says there's plenty of "poetic signs and portents" that it will happen.