Deutsche Bank Strategists: Bonds Are in a Bubble

``"The worry is that there is nowhere left for this bubble to go given that it is now in the hands of the lenders of last resort (governments and central banks with regulators ensuring other large captive buyers)," they write in a commentary obtained by MarketWatch... `` the best case scenario is that it slowly pops over time via negative real returns for bondholders. The worst-case scenario being future restructuring."