December yields

Nothing too spectacular here.  Other than the astronomical rise in the 10 year.  Record government deficit, and continual retraction of S&P shiller index.

Oil futures continue to sharply rise, someway somehow this is driving the 10 year up.  Odds are money handlers are getting itchy about hoarding assets at moderate prices.

It is just tough to imagine much inflation over the next 10 years.  3.49% seems to be a quite plush guaranteed return.

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Comments

  • dangrab  On December 28, 2010 at 9:41 pm

    it is as if, a shift from treasuries to oil, causes further price model distortion of inflation, and leads to a greater shift from treasuries to oil.

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