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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (17868)	2/22/2009 5:32:45 PM
From: RockyBalboa	Respond to of 71456

Pushing the long bond up to 142 (and the 10 years to yield just 2%) was one of the most astonishing stunts they pulled off in December, quite the mother of all End-of-quarter, EOY markups so that blended funds (like endowments) could show better numbers. Many pointed out that the US is, like Japan having a zero interest rate scenario and well, JGBs did not stop at 2% but moved to under 1%. But the US is not Japan. Japan may have a lot of domestic debt a huge public savings rate, and no need of foreign financing thanks to positive trade balances. I do not see a similar scenario with the US.