But a world in which inflation, bond yields and short rates were trending higher would be the complete opposite of that which has prevailed during the long bull run.

但是对于一个通胀，债券利率和短期利率都有升高趋势的世界，它肯定是和长期牛市下的世界完全相反了。

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The 30-year-plus bond bull market is reflected by this long-term chart of T-Bond yields by year-they have declined from 15.2% to 2.91%!

FORBES: The Week Ahead: Can Diversification Ruin Your Return?

Essentially, a large opportunity remains in equities as the thirty year bond bull market appears to be coming to an end.

FORBES: Opportunity in Every Difficulty

The bond bull market of 1981-2002 was quite extraordinary.

FORBES: Not Bonds, Books