Watch bonds and treasuries from here

shorter length yields dropping sharply, but that is the beggining of the end. When yields start to boomerang back up that is it. The yields will then shoot up beyond belief. Its a very false sense of "safety" these folks are seeking. Fed will surely cut at least 1/2 point by next week, dollar will revert course, and then any foreignors stoopid enough to have held our debt this long will start saying adios en masse. Equities are irrelevant to watch at this point. This means nothing. Its pure trading and pure entertainment. The serious money and the serious consequences will be demonstrated in the bonds. That will tell you how deep and bad the recession will get, as well as the world economy.

Couldn't agree with you more... Have been stocking up on TLT and UUP puts.

Thanks for reminding me. Adding TBT right here.

Interest rates depend on what is happening elsewhere in the world. Right now the dollar looks like it is better than most other currencies. That will change when it becomes clear that the relative strength of the US economy is less than elsewhere in the world. That may be a while. No Hurry to leap out of government bonds. Best, Islander

Interest rates depend on what is happening elsewhere in the world.

Right now the dollar looks like it is better than most other currencies.

That will change when it becomes clear that the relative strength of the US economy is less than elsewhere in the world.

That may be a while. No Hurry to leap out of government bonds.

Best, Islander

It is happening as we speak. Yield up when market is crashing.