Monday, December 15, 2008 5:14:51 PM
“This is getting deadly serious, I’ve never seen anything like it, and it’s global. Default-free Treasuries will still get snapped up at ridiculously low yields. And if the Fed does cut 50 points, a lot of money is likely to migrate out of money market funds into some part of the Treasury curve.”
In other words, the bubble in Treasuries likely has room to grow.
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
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