Long-term bond chart looks scary.
Meanwhile, at the Treasury Auction
Standard & Poors downgraded US debt late last year and the effect so far has been laughably counter-intuitive.
Notes from the DoubleLine Lunch with Jeffrey Gundlach
“I’m not a policy maker, I am a steward of other people’s capital and I’m here to outperform.”
Investors Plow into the Permanent Portfolio
Now, 10 years later, the fund is beating all rivals and assets have surged to $15.6 billion
Bill Gross: "The New Normal Minus"
S&P Downgrades the United States
“The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics.”
Pimco's Love-Hate Relationship with Treasurys Continues
Pimco’s flagship fund Total Return has been buying Treasurys again
A Warning from the Depths of Hell
Remember ye the dark days of late 2007 when it first became apparent that the stock market’s new highs were lying to us and that only the bond market was telling the truth?
GOP Blocks Debt Ceiling Vote
Will the dollar be bought on the news – or sold?