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

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To: basho who wrote (79482)2/28/2007 7:24:48 PM
From: orkrious  Read Replies (2) of 110194
 
Basho, you're right, it's not at an extreme. Heinz said "it is quite close to the lowest levels recorded in the normal course of business." Expanding the chart out to 10 years

stockcharts.com

I'm not even sure you can say that. The best I can say is it's not exuberant. It definitely is well into the lower half of the range.
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