Tagged: bonds

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....

Jim Grant on Ben Bernanke 0

Jim Grant on Ben Bernanke

For those who haven’t seen this yet, it’s classic Grant: eloquent and merciless. The Fed doesn’t need PhD’s, he says, but should be run by someone with a bachelor’s degree in the law of...

Default, Greece, default. 7

Default, Greece, default.

All government debt is a racket, and should be repudiated. – Widely read investment advisor┬áJohn Mauldin favors the continued enslavement of the Greek public to corrupt politicians, greedy unions, and German banks. He had...

Watch out for the dollar 15

Watch out for the dollar

- UUP (dollar bull ETF) and SPY: – Bonds were also up today, of course. Given the extreme degree of consensus we saw during the latest highs in stocks and lows in the dollar,...