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


To: Wyätt Gwyön who wrote (36514)7/21/2005 4:40:33 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
A bond bust of epic proportions no.

But a bond bust yes.

The idea that TNX yields will plunge when housing rolls over is quite wrong IMHO.

These yields have ALREADY discounted a housing bust.
Selling on the news and fears that currency values might be trashed could push TNX to 5% very quickly.