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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 (48311)12/29/2005 2:49:25 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
"at 4% nominal yield with 6% actual inflation, US long bonds are indeed return-free risk."

I believe so much of the actual inflation is driven by pass through of costs associated with the coastal housing bubble. It is probably running double digits in Florida where I live. Perhaps where Mish lives it might be at or even below reported figures?