dakyne

Time To Short Treasuries?

John, your bubble analysis is pretty good, but your numbers are off. How can 20 year Treasuries be yielding 3.22%, when the 10 year is yielding 2.37% and the 30-year is yielding 2.79%? Perhaps that's why you're down 30%--the devil is in the details. TBT is at 39, with an all-time low 35. I happen to get in at 36, so I'm hoping that low holds (the 30 year was yielding 2.5% at the time).