There's so much money in bonds and more coming in. The ten year Treasury ended the day at 1.59%. By all accounts, that's about the inflation rate. There's every indication that the rate of return will go much lower.
I suspect this will be the trigger. And derivatives would be the likely culprit for systemic failure......... But it would be good news and the flight from bonds that will trigger derivative failure not the fiscal cliff..........my guess.
“To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” ---Ralph Waldo Emerson
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.