Thursday, October 9, 2008

As I have mentioned before Treasury Bubble is next to explode. TYX yesterday finally crossed back above 4% Yield. It is some kind of joke, who is buying it at below 4% for 30 year? As it was mentioned even on bubble Vision CNBC you can get higher Yield at 90 days paper backed by Treasury now. Once the tide changes it will be like gasoline on the fire for sliding US Dollar.

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