Wednesday, May 30, 2012

What Happened to the Great Bond Sell-Off?

It's amazing that it was only a bit more than two months ago that I wrote this post defending bonds against what was labeled the "Bond Market Arab Spring". It's also amazing how wrong pundits continue to be as Long Treasuries have now caught up to the S&P 500 year-to-date after the ten year Treasury reached an all-time low.

Source: Yahoo