An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, July 23, 2012
Zero Hedge — Treasury Yields Plunge To All-Time Record Lows Across The Curve
Read it at Zero Hedge (short, charts)
Treasury Yields Plunge To All-Time Record Lows Across The Curve
This is perhaps a lesson that you should start to trust your eyes MF, not the empty words of others.
Except my eyes are useless without an active mind. I cannot even say I am looking at a yield curve, unless I know of the economic theories concerning lending and interest.
Tom Hickey:
Then you are way short bonds, right?
No, because shorting bonds has too many restrictions. I am invested in a synthetic portfolio with no strike date or obligated dividends, that is very close to a portfolio of shorting bonds. With it, I can last longer than the market stays irrational :)
This is of course NOT news to regular readers of MNE.
ReplyDelete;)
This is of course NOT news to regular readers of MNE
ReplyDeleteNor anyone else who looks at the yield curve, haha.
I think bonds are in a bubble.
ReplyDelete"looks at the yield curve"
ReplyDeleteThis is perhaps a lesson that you should start to trust your eyes MF, not the empty words of others.
Rsp,
"I think bonds are in a bubble."
ReplyDeleteThen you are way short bonds, right?
Matt Franko:
ReplyDeleteThis is perhaps a lesson that you should start to trust your eyes MF, not the empty words of others.
Except my eyes are useless without an active mind. I cannot even say I am looking at a yield curve, unless I know of the economic theories concerning lending and interest.
Tom Hickey:
Then you are way short bonds, right?
No, because shorting bonds has too many restrictions. I am invested in a synthetic portfolio with no strike date or obligated dividends, that is very close to a portfolio of shorting bonds. With it, I can last longer than the market stays irrational :)
http://blogs.ft.com/gavyndavies/2012/07/22/bond-yields-and-disaster-risk-premia/
ReplyDeleteMore expounding upon the obvious with a sense of revelation. When do people start to ask why this is so?
Apj