The Telegraph says demand for subprime bonds surged in the first part of 2013, leading global investors to fear a repeat of the financial crisis.
The demand for subprime bonds is higher with yields on Treasury bonds still low, The Telegraph added.
The paper quotes Peter Schiff, head of investment firm Euro Pacific Capital, as saying it seems the financial markets are willing to travel down the same road again.
Another subprime bomb on the way? | HousingWire.