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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John McCarthy who wrote (72807)12/26/2007 8:39:38 AM
From: Mike Johnston  Read Replies (2) of 116555
 
Regarding e)

As crazy as it sounds, since bond vigilantes are either dead, put out of business or lost their analytical abilities, it would not surprise me in this environment if the whole operation would be interpreted as bullish for bonds. -g-

Sounds crazy, but so is 4% 10 yr bond yield with price and monetary inflation spinning out of control.
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