Joseph P. Joyce — Current Account Deficits and Safe Assets

Global appetite for US Treasuries as "safe assets." This is a primary function of a reserve currency as a saving vehicle that is regarded as a safe haven.

Economonitor
Current Account Deficits and Safe Assets
Joseph P. Joyce

Barry Ritholtz — 10 Year Bonds Around the World

Bianco Research

Read it at The Big Picture
10 Year Bonds Around the World

by Barry Ritholtz

(h/t Scott Fullwiler via Twitter)

Sample the comments for some humor. Example: "Valuation doesn't matter until it does." You know, any day now. I wonder how many of these people are putting their money where their mouth is and going short after so many got burned so badly. Explains why people are willing to take the losing side of a trade. They don't understand valuation.