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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 (36520)7/21/2005 6:58:31 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
One of the characteristics of bubbles is that ideas thought far out in normal times become the new conventional wisdom.

The idea that bond yields will remain extremely low (and negative in real terms when accurate inflation numbers are used) for many years is one such notion IMHO.