Quote:
Originally Posted by The Demon
People would be stupid to buy bonds or treasuries at this point or any point in the future.
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You've said this before, yet the US bond market and the dollar have been going straight up recently.
Still, I agree that the long end of the curve has a lot of risk and eventually I see bonds declining. Same with the dollar.
Right now, cash and cash equivalents is where the safety is and the means to a great extent dollar denominated T-bills (short-end of the curve).
It's the same deflation vs inflation view in the short-term.