U.S. Long Bond: Panic Buying

By |2015-01-29T12:20:57-05:00January 29th, 2015|Categories: Market Strategy Report|Tags: , , , |

The demand for long-term Treasury bonds has reached panic proportions. A casual inspection of price history suggests that the rally since December 2013 is “too steep, too fast.” An alternative measure of intensity – the ratio of 30-year to 10-year [...]