December 31, 2014

THERE'S ONLY ONE SAFE HARBOR:

U.S. Government Bonds Strengthen to Close Out a Big Year (MIN ZENG, Dec. 31, 2014, WSJ)

U.S. government bonds strengthened Wednesday on the last trading session of 2014, capping the biggest annual rally in three years.

A number of global economic, geopolitical and market scares throughout the year have boosted investors' demand globally for ultrasafe Treasury bonds.

The yearlong price strength in ultrasafe U.S. government debt has stunned many investors, traders and analysts because the safe-haven bond market rallied along with record-high stock prices. 

The biggest threat facing the world economy is the prospect of our declining debt.

Posted by at December 31, 2014 6:42 PM
  

blog comments powered by Disqus
« US AGAINST THEM: | Main | MAYBE HIS SHEETS ARE AT THE CLEANER: »