[quote=stockstradr]I bet all of you that one day, in retrospect, the dollar (and of course, dollar-denominated Treasuries) will be seen as the Bigger Bubble that came after the housing bubble.
..because the dollar and dollar-denominated Treasuries ARE already in a bubble now.[/quote]
It’s difficult to imagine that Treasuries aren’t the next big bubble to burst, but I’ve been expecting that for a long time, and so far, nothing. The direction of Treasury prices and interest rates, in general, are the one thing I have gotten completely wrong over these past few years.
