Saturday, May 22, 2010
The bells the bells
Cnn: Bonds ring economic alarm bells
Economists generally aren't worried about the U.S. or global economy falling into another recession. Looking at the bond market, many investors don't agree.
The yields on long-term U.S. Treasurys, such as the benchmark 10-year bond, have tumbled sharply over the last six weeks, hitting as low as 3.1% in early trading Friday before they rebounded to 3.2% late in the day. Some experts say this is a sign a lot of major investors are betting on tough times ahead.
Posted by mark @ 10:29 AM (909 views) Add Comment
4 Comments
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1. mark wadsworth said...
"My name's Bond..."
2. mark wadsworth said...
"... US Government Bond."
3. mark said...
firstly entering my password and then this stupid captcha is getting annoying 1 or the other,,, come on housepricecrash
i think the crash is getting heavy, it seems we are leaving the eye of the storm and things are getting rocky..
by the way anyone seen that advert on TV selling pure gold lead finish coins for £2.50 it says it all really.... If only knew what pure gold lead finish actually meant, does it mean a lead coin painted in gold!! if so thats the UK totally..
4. bystander said...
Worrying Mark, how many of these lead painted gold coins will end up back on the market with fake certificates of authenticity as real/ solid gold coins, snapped up by the exuberant novice. The sign of a monster bubble, again. Remember that broom cupboard sold as a rental investment in Cadogan square in the spring of 2007, same thing really.