Tagged: treasuries

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...

Keep an eye on the junk:quality ratio 4

Keep an eye on the junk:quality ratio

Put this down in the list of no-fuss, no-brainer, long-term trades. Simply buy 10-year Treasury notes and short junk bonds. There is no purer deflation play than this. It doesn’t even matter if Treasury yields rise...

Reflation fade vindicated 30

Reflation fade vindicated

Today’s action (equity and commodity sell-offs through key levels, major bond and dollar rallies) confirms once again that the dollar is still king and that deflation is the name of the game. The action...