Tuesday, April 10, 2012

No Rush

I have suggested before that I think shorts on the Yen, JGBs, and Treasuries will all be good ideas. And not just for a minute. That's why I have never felt any great rush to initiate those trades. But as further endorsement of why patience is a virtue, I recommend taking a look at the recent action on the 10-year and 30-year bonds.
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Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...

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