Treasury Bubble Hasn’t Burst….Yet
Clusterstlock’s Joe Weisenthal’s takes a historical look on 10-year Treasury yields going back to 1962. As you can see, the yield is still below 1962 levels, despite the massive inflationary steps the Federal Reserve and Treasury have taken over the last 18 months (6-26-09 yield was 3.51%). These trends can also be put into perspective by reading Vincent Fernando’s post at http://www.researchreloaded.com. Take a peek.
Ways to take advantage of this trend include purchases of TBT (UltraShort 20+ Year Treasury ProShares) or short TLT (iShares Barclays 20+ Year Treasury Bond)*.
*Disclosure: Sidoxia Capital Management clients and/or Slome Sidoxia Fund may have a short position in TLT.
Entry filed under: Financial Markets, Fixed Income (Bonds). Tags: 10-year Treasury, bonds, bubble, Clusterstock, fixed income, inflation, interest rates, Joe Weisenthal, Research Reloaded, Treasuries, Vincent Fernando.