Tuesday, February 8, 2011

Inflection Point?



Source: Yahoo

2 comments:

SPECTRE of Deflation said...

Watch the 30 Year at 5%, the 10 Year at 4%, and the 5 Year at over 2.5% for the reversal that always seems to come allowing the insiders to front run the whole deal both up and down in price. It happened with both QE1 and QE2 to date, and it will happen once again when QE3 is announced later this year.

Bill Gross must think Obama is God with El Presidente's new plan for kicking many states insolvency down the road to 2014 while claiming The Bernack is Satan. He dislikes The Bernack because he won't bailout the states, and guess where good ole' Bill has lots of his money invested? If you said Munis, you win the prize. Disgusting that every plan Barry puts forward kicks the can to that year for the pain that must come.

We are living the inflection point on a daily basis, but few seem to notice yet, but they will in the near future. There is no such things as money trees or free lunches in this world on a long term basis.

Anonymous said...

Show a longer chart. Interest rate in the early 80s were historically high.

Johan

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