30-Year Bond at record low
The 30-Year U.S. Treasury began to be issued in 1977. It’s yield at 3.86% is a record low as a flight to safety is underway. I have to repeat: this is a market crash.
About Edward Harrison
No related posts.
Membership Login
Poll
- Bernanke ‘Irresponsible’ to Compare US to Greece
- Rickards on Iran and QE3
- Majors Trading Flat ahead of the ECB
- News Links: Jeremy Grantham’s investing strategies for 2012
- Richard Nixon: 1971 Annual Message to the Congress on the State of the Union
- William K. Black explains control fraud at length
- Dollar Mostly Softer as Greek Deal Inches Closer
- News Links: Missouri Attorney General Files Criminal Lawsuit on Robosigning
- Chart of the day: 2012 sovereign risk compression
- Has the Euro Broken Out?
- The Elephant in the Room Is Spain, Not Italy
- The Fed Resumes “Printing”
- Intervention Risks Rise In Latin America
- Banks Paying Cash to Homeowners to Avoid Foreclosures
- Greek protests turn very anti-Germany
Latest Articles
- The Elephant in the Room Is Spain, Not Italy
- Doug Casey on the Coming War with Iran
- Obama Administration propaganda on prosecuting elite financial frauds
- Chart of the day: Labor force participation rate at 30-year low
- Has the Euro Broken Out?
- Massive Iceberg Ahead for the European Monetary Union
- Jobs data highlight huge potential for capital loss in Treasuries
- Richard Nixon: 1971 Annual Message to the Congress on the State of the Union
- Greek protests turn very anti-Germany
- Global Manufacturing Steadies as She Goes, or Does She?
- Use of lower-rated debt in repos has returned to pre-crisis levels
- The Unlikely Bull Market
- Chart of the Day: Government Deficits as Far as the Eye Can See
- The Fed Resumes “Printing”
- El-Erian on jobs: Headline bullish but structural issues remain
Edward – I know we differ on this, but maybe it’s a matter of timing. I feel the lemmings are heading for the cliff. Even though they may still be a fair way from the edge, I do know I don’t want to be a lemming.
no, we don’t differ. the lemmings are now jumping. I still look for value but I LOOK now more than buy. I’ll have to wait until this crash is over.
For me, this is serious financial Armageddon.
may day!!! may day!!!
Ed, can you please more on “serious financial Armageddon”; how is it going to be different from the last few weeks. I though we were witnessing slow-motion crash the last few weeks…now today is the real crash.
what does it mean going forward.
great blog…keeps me sane during these insane times. thx!
I have taken a fairly balanced perspective to date. But, this is definitely the most news worthy and potentially catastrophic day to date. This is a global panic on par with 1987. But we are also seeing major moves in currencies, commodities and bonds. Everything except bonds and cash is getting sold and people are moving out of currencies in a breathtaking way.
I am very worried – even scared — and that’s the first time I can say this.
The news coming out is like a fire hydrant right now. I can’t keep up with the changes.
Thanks for reading.