Our AAA (he he ha ha) rating is in danger of downgrade according to some talk on Cavuto on FOX. Do you know what happens if a downgrade comes about? What happens is that either interest rates rise to attract actual buyers, Bernanke puts his purchase plan on steroids, people get compelled to own this garbage in their government sponsored retirement accounts, or some combination of the above.
Regardless, there is nothing of value here because this is the debt of a hopeless inflator going in the wrong direction and the world appears to be de-levering from the process as best it can.
Attn: Herd... you are in treasury bonds because you have been tended there, put there. Whether by compulsion or by ignorance, you sit in long term treasury bonds to ride out the storm. You feel safe and comfy for the moment. But you are the herd, remember? You are never right.
Attn: d Boys, you are being played if you think hiding in USD and in T Bonds is THE play.
Wash, rinse, repeat for the weak kneed. Opportunity for those who can get out of this lousy box and think about the meanings in the vast area between the INFLATION & DEFLATION headlines.
