On top is a chart of the yield on the 30 year U.S. Treasury Bond, the bottom chart is the 10 year. Looks like the bond market is getting a little nervous that the Fed is monetizing 100's of billions of U.S. debt. If the 10 year takes out 3.1% and the 30 year takes out 3.85% we could see a bit of a scare in the U.S. Treasurey market. Rising rates is the last thing the Fed wants right now, but they may be unable to stop the popping of the only bubble that is left.-Lou
Friday, April 24, 2009
Yield Rising In U.S. Treasury Market: Breakdown Ahead?
On top is a chart of the yield on the 30 year U.S. Treasury Bond, the bottom chart is the 10 year. Looks like the bond market is getting a little nervous that the Fed is monetizing 100's of billions of U.S. debt. If the 10 year takes out 3.1% and the 30 year takes out 3.85% we could see a bit of a scare in the U.S. Treasurey market. Rising rates is the last thing the Fed wants right now, but they may be unable to stop the popping of the only bubble that is left.-Lou
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