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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: gold$10k who wrote (70490)9/28/2006 3:07:37 AM
From: John Vosilla  Read Replies (1) of 110194
 
I think continued very low interest rates on the long end have gone a long way towards preventing a repeat of 1973-74 in 2005-06. How long they can monetize the long end, manipulate currencies, manage trade imbalances and foreign bond buyers continue to buy into the low inflation stats remains to be seen. Seems the 10 yr treasury in the US should be at 7% plus by now which would be a one third haircut to multiples to cash flow for asset values..
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