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

To: ild who wrote (74782)12/4/2006 8:25:24 AM
From: orkrious  Read Replies (1) | Respond to of 110194
 
That's the best piece Hussman has written in a long time.

Everyone thinks that when the foreigners reduce their appetite for treasuries it will send rates higher. Hussman says that so far the evidence indicates that demand from local investors expecting an economic slowdown is overwhelming the reduction in foreign demand (as Mish and Heinz have been predicting it would) and driving rates lower.


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