Re: bonds/Wayne

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Re: bonds/Wayne

Hi Wayne,
Interesting chart/post.
When I started to write this it was mainly a HI, as I don't understand what is going on at all !!!

I thought this debt crap was supposed to drive interest rates UP !! And it didn't appear many were happy with the outcome, but this I don't understand as the higher this market goes, the lower the 30 year interest rate goes ???
Also Dx has been marching right up as well !!

When I started this, it had tagged 133-11 three times and backed off, so I figured that was going to be about it for today, then up it went some more. Now has backed down to 133-11 but I have no clue from here !!!

Why are they piling money into our US Tbonds and Dx if our affairs are in such poor shape ?? But with the stock market down another 350 points I guess the money has to go somewhere !!!

Thanks, Lee

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Re: bonds/Wayne

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