Category: bonds

long-term-interest-rates-1790 0

Long-term bond rates since 1790

30-year Treasury rates are now at their lowest since December 2008 (they hit 2.7% today). 10-year rates are at their lowest since the 1940s. I find myself going back to this chart all the...

Why not sell German bonds? 0

Why not sell German bonds?

The German 30 year bond is yielding 2.8%: bloomberg.com The US 30 year bond is yielding the same: Yahoo Finance There is no margin of safety in Germany debt against the strong likelihood that...

Ignore all this supercommittee talk 0

Ignore all this supercommittee talk

Today’s ad-hoc explanation of market action seems to be the failure of the US Congress’ “supercommittee” to come up with a deal to slightly shrink the 2nd derivative of budget growth over 10 years....