Today's guest has long warned that the bond market will one day take the printing press away from the Federal Reserve.

Well, the Fed has now CUT its policy rate by 100 basis points since

September, but the yield on the 10 year US Treasury note is now 100 basis point HIGHER since then.

This has flummoxed many investors and mortgage holders. Yet it begs the question: is this the start of a bond market revolt against the Fed?

To find out, we're fortunate to welcome back to the program analyst Bill Fleckenstein of Fleckenstein Capital.

Bill predicts the bond market will keep falling until stocks tank.

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