T-Bond futures are closing on a 177^23 rally target that looks likely to cap their spectacular surge of late, a least for a while. But the rally is far from over, for reasons explicitly detailed in today’s tout for TYX, a CBOE vehicle that tracks interests rates on the 30-Year Bond. Check out the analysis for TYX below — and be prepared for a shocker if you think that, even below 2%, long-term rates would necessarily be near a major bottom.
Sub-2 Percent T-Bond Rate? How About Sub-1 Percent!?
- July 6, 2016, 3:13 pm
Sub one percent?
Why not?
A great deal of foreign government paper is already there!
We are at the cutting edge of a Debt Based Global Economy, which will demand ever more debt at ever lower rates.
Remember when the Swiss briefly took the high road in all this, and then threw in the towel?
Government has become a Black Hole, sucking in wealth, truth, and freedom, and emitting nothing.
Here is good example from the world of Real Estate:http://tinyurl.com/h36ohoo
A very nice home for 540k in the best neighborhood of mini Detroit, Bridgeport, CT.
Scroll down to property history and look at the property taxes, 33k a year!
The local government has in effect, confiscated this persons property!
Slow motion version of 1917 Russia!
Sorry comrade, we need you to support your local Council of Soviets!
Eventually, property taxes will be so high, the owners will just walk away and the Council of Soviets can hand it over to a loyal Party Functionary!
Da?