SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (82327)6/1/2007 3:29:23 PM
From: Mike Johnston  Read Replies (1) of 110194
 
recall reading a quote from a leading LBO principle recently that money is so cheap it it is almost free

Sure, money is free when you can borrow it at 5% while inflation is running north of 10%.

Bonds are selling off today. Did somebody wake up today and suddenly realized that bonds are a bad investment in times of high inflation ?
Or did government buyers took off early for the weekend ?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext