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


To: mishedlo who wrote (39750)8/25/2005 2:36:59 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Mish:

I think you misread the bond market.

It is not predicting low inflation as the conventional wisdom would have it.

It just has "higher priorities" like keeping the myriad bubbles intact as long as possible. And lot of CB buyers who care not one whit about getting a decent return on their investment.

Inflation is basically irrelevant to the bond market today IMHO