Well he's telling us this and he's telling us that
Changes it every day, says it doesn't matter
--Joe Walsh
Can't take my eyes off the ten yr yield chart. Despite all the 'we're gonna make some serious inflation' chatter by the Fed Heads, bond market's not buying it yet.
The shape of deflation...
position in bonds
Subscribe to:
Post Comments (Atom)
1 comment:
Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth.
~John Mellencamp
Post a Comment