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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (35128)7/1/2005 10:43:29 AM
From: orkrious  Respond to of 110194
 
WTF just happened to the miners? Big burst of buying. NEM rallied 50 cents in 10 min.

Bonds getting spanked



To: Crimson Ghost who wrote (35128)7/1/2005 10:58:42 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Great Hathaway essay per usual, among other remarks this:

The mother of all bubbles is US Treasuries, where pricing is driven not by crowd psychology, but rather by the policy dictates of our Asian trading partners. As noted by Jim Bianco (Arbor Research), “There seems to be little to no talk that the bond market might be in a bubble. Real estate, Google, the dollar and many other markets are being deemed ‘bubbles’…..Maybe the bond market is the bubble.” (6/10/05)