Investors should stay clear of U.S. government debt as there is a "huge" bubble developing in the bond market, warns Aaron Smith, managing director at Superfund Financial.
"Retail investors are buying up bonds like they are tech stocks in 1999… you're guaranteeing yourself a negative return," he told CNBC.
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Investors should stay clear of U.S. government debt as there is a "huge" bubble developing in the bond market, warns Aaron Smith, managing director at Superfund Financial.
"Retail investors are buying up bonds like they are tech stocks in 1999… you're guaranteeing yourself a negative return," he told CNBC.