Headlines about a bond market meltdown are catching fire all over the world. 

In the UK, The Telegraph recently reported British pensioners could face a 50 percent portfolio decline if there’s a bond market correction. 

Others, like David Roche president of Independent Strategy, suggested to CNBC that bonds are currently the most dangerous asset class to own.  Scott Burns agrees. 

When we hear about bond bubbles, what does that mean? 

Of course, the price of any asset (whether gold, stocks or bonds) is based on supply and demand.  And the demand for bonds is bubbly. It has pushed bond prices to multi-decade highs.

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