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Welcome to the Views Room, a weekly conversation among breaking views columnists about the

ups and downs of the world of finance. I'm Jennifer Saba.

This week's edition is part three of our prediction series.

Listen in as my colleagues discuss what's ahead for this year.

Swaha Patinaik, you think the stability of bond prices in the U.S., Europe, Great Britain, and Japan

are heading for a period of instability.

Tell us why.

Well, it's not quite clear how it's going to pan out, whether they're going to end up or down, but I think instability is the right word, definitely.

It's going to be the first time in four years that the combined issuance of the US,

Japanese, Eurozone and UK governments is going to outstrip how much the central

banks of these countries are buying.

Hmm.

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