One of the worst penalty is interest rate differential which can give you the shock of your life. (flipping4profit.ca)
That's something the markets are not yet anticipating, and may explain the sudden surge in the U.S. dollar, the one place that is reflecting accelerating growth and widening interest rate differentials between the U.S. bond market and other rate markets around the world. (cnbc.com)
This should lead to a further narrowing of interest rate differentials versus the rest of the world as the Federal Reserve leads its DM peers in normalization. (blackrockblog.com)