Every Monday, the team at Market Matters answers a number of questions from our subscribers. Today’s question is… “In today's Morning Report you talk about the danger in the bond market. I have a portfolio of commercial bonds from FIIG which is returning me about 7% pa. These are mainly unrated bonds issued by Australian companies, both fixed coupon and floating rate. If the bond bubble pops as you predict, are Australian issued commercial bonds also likely to crash?" Read our response to this question below.