These 7% Yields Come With a Government Guarantee

Something strange happened recently, and it’s set up a terrific—and almost totally overlooked—profit opportunity for you. What is it? The European Union is going to ensure that people who held bonds in two recently failed banks (Veneto Banca and Popolare di Vicenza) will get a 100% bailout. Now unless you’re holding these specific bonds, you’re probably wondering what this could possibly have to do with you. Stick with me—I’ll get to that in a second. First, back to the bailout. The EU’s move isn’t actually all that surprising. We’ve seen governments bail out bondholders many times since 2007 (and the EU has been doing even more bond bailouts in the last couple years).… Read more