cameroni

Treasury Yields Will Continue to Rise

Exactly Tony, now is the time to start looking seriously at all commodities as inflation hedges. Commodities are money. It's a Mantra. And inflation is an inevitability. The government is virtually guaranteeing to bring it about with debt monetization. Even if all the stimulus fights this deflation to a standstill and we get a flat economy this year we still cannot repay all the debt. What then? Currency devaluation is simply the only alternative and in essence is what will give our export industries an edge again.

As for interest rates.....they have only one way to go from here. Up.
And the price paid by all irresponsible borrowers is always higher interest rates. Even Uncle Sam.