Originally posted by kingshuk
Why are Treasury Bonds ‘Bad’, or did I miss a downgrading of by Moody’s? Bond yields have risen, that is true. Only a few months ago there was an inverted yield curve and we had claims that there was going to be a recession. Now we are back to a rising yield curve and the same people are predicting exactly the same doom. Stock markets have fallen back from their all time high, but the Dow Jones Industrial Average did pile on 187 points yesterday largely on news of economic expansion in the US.
Sadly a collapse of the capitalist system and the vindication of the socialist philosophies is not on the cards for this week.
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