Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Some central bank(s) really poured 30 billion in that last two weeks to rescue the US dollar and bond. No wonder Korea was screaming "Enough" earlier this week.





The narrowing of the risk spread between ten year treasuries and corporate low grade bonds continued to shrink. This is indicative of a serious warped indicator, or we have reached economic nirvana. I think the broken indicator is correct.