Bond Bubble?

Bond bubble heading for trouble,in the cauldron the soup made by central banks to swim in the currency to kept the states of flow until dam brakes.The central banks are financing the debts of there nations,hence,creating money,hence keeping interest unnatural low.But sooner or later the piper
must paid,balance sheet for central bank can't expand forevermore,someday the banks will have unwind there balance cause a flood of bond selling,hence,a bubble.
I watch Bloomberg T.V morning a guest said we've already in bond bubble.He sad reason people buy bonds is fear of stock market,make point that Johnson & Johnson the dividend yield more bond,so only fool would the bond the stock is much better deal.And if ten treasury about 2 percent he point out only in 1946 was that low.So know something wrong with bond market.He also said zero coupons bond were loser for investors.The reason why zero coupons bonds offer is because the corporation has cash flow problems.
Also Carlos Slim seem to running out luck those days.For his Mexico phone monopoly is being challenged by state.Carlos(the anti-Jackal) has had monopoly since 1990 help him one richest man in world,actually owns piece of New York Times.Talking about New York Times they are looking sell the Boston Globe.Change of strategy for them for not only was paper foothold to New England,but there was sports angle for the Globe was minority owner of Boston Red Sox's and big prize was sports cable network for New England.Sports is big business and public is deaden by life's demand and there bleakness in nation people look for escape,hence,sport fillies the bill.