Biotech Values

[jbog]

Dew / Bonds

In regards to the 'Bond Bubble', I listened to a WSJ report from Strategas Research that basically laid out the argument that the Fed is in more of a predicament than Bear Sterns was before it went under.


As of right now, the latest figures showed that 31.7% of our Sovereign Debt is due in less than 12 months, 30.5% is due in 1-3 years, 20.7% is due in 4-7 years, 7.4% is due in 8-10 years and 9.8% in due in 10+ years. This is almost opposite of what the UK or our Corporations that are stretching their Bonds out (Norfolk Southern just issued 100 year bonds) while our Government is in short term because they don't want the hit on our deficit.

If you think about a bond bubble explosion, we still have to renew 31.7% ( less than 1 year) of our debt as people are running to the exits.

It would be nice to be the ink salesman.