Junk Bonds | The Daily Capitalist

Some Risk Assets Getting Frothy While the Amazing Treasury Bond Bull Market Rolls On Under Most Radar Screens

I’m not a downer all the time. I try to go where the data leads, in a risk-averse manner. If it keeps pointing in the same direction, so be it.

When I first began writing on this website in August 2010, I argued against the prevailing gloom. Recovery Summer as predicted by the advocates of Keynesian stimulus had [...]

… And the Winner Is—Ta Da—Treasurys

—We have entered the time of year when lists of best- and worst-performing assets are made. Gold-oriented sites point out that gold has risen about 23% against the USD this year. Often they expect you to assume the inevitability of a massive further depreciation of said dollar versus gold. Gold and oil, as in the [...]