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

1 comment:

  1. The bond market became politicized there for a bit in 2009/2010.

    Every uptick in rates, the right claimed that big deficits would cause
    high rates /inflation/armageddon.

    Everydown tick the left clamored for more spending.

    This bond rally was a learning experience for alot of people - myself included.

    Can a brother get a jumbo loan @ 2.75 please??