Certain idiotic-sounding behaviors that create a bond: drawing a smiley face on a check, doling out after-dinner candy, wearing a funny necktie or forecasting good weather.
In addition, the general improvement in the financial markets in the first quarter of 2013, as well as the high probability that the European Union will remain in tact, also suggests that the long run in bond prices is drawing to a close.
Part of each additional bond offering puts the company and the U.S. in the position of investing more than we save, drawing in foreign investment and contributing to the trade deficit.