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


To: bart13 who wrote (108773)6/16/2010 7:54:04 PM
From: TH  Read Replies (1) | Respond to of 110194
 
bart,

Treasuries are mystery, but then again they are not. A million fund managers believe they are as good as gold. Thus the most massive bubble of bubbles has resulted, and produced a rate that is, IMO, economically unsound.

What are your thoughts about the UK's sudden interest in Treasuries? My take is it is just another ruse from Ben to back channel printed clownbucks into keeping rates down and creating an illusion there is a real bid.

It all ends badly, but we just don't know when.

GT
TH