Mr. Cynical

A Rotting Market Stinks from the Head

10 year Japanese bond yielded .44% in the 90's. Rational to the charts or not, you are going to be waiting a long time for that trade to come in.

Banks deleveraging process necessarily creates demand for Treasuries. How far are we through that ballgame? Also, the fed is going to buy long term treasuries to push down yield curve. Finally, we are going to lose another million jobs in the next four months.

That doesn't sound like Treasuries tanking to me. Good luck with your trade.