QUOTE(small-jeff @ Dec 6 2008, 12:02 AM)
3) 3 months t-bill yield is at 0.01, almost near to zero, while 30 year is just above 3.00. GILT is on the rise, so as German government bonds.
Summary:
if there's no better news (other than monetary) coming out from ECB nor the Fed, 3 month t-bill would reach zero by next two weeks. That being said, EU next week may look at 1.2000, while GU may follow the dive as well. This may prolong until end of the year, where there might be a "Treasury Bubble" burst. Along with this, goes with the Yen.
just my view
Kinda agree on now we are having "T-bill" bubble. Summary:
if there's no better news (other than monetary) coming out from ECB nor the Fed, 3 month t-bill would reach zero by next two weeks. That being said, EU next week may look at 1.2000, while GU may follow the dive as well. This may prolong until end of the year, where there might be a "Treasury Bubble" burst. Along with this, goes with the Yen.
just my view
From Tech bubble to housing bubble, commodities bubble now T-bill bubble. LOL always bubbling.
Dec 6 2008, 09:43 AM
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