DYI Comment: No doubt the long bond interest rates are at all time lows, however with another recession looming along with a sky high stock market a flight to quality is in the realm of possibility. DYI is one step away from pushing our sentiment indicator for long term bonds to Max-Optimism all that is needed as stated is a flight to quality. Please note that long bonds would not be toxic for deflation will be with us for at least the next 3 to 5 years. Of course the capital gain aspect that began in 1981 would be over pushing our asset allocation model down to its lowest level of 10%. Excellent article with great charts. Have a nice weekend. You too NICK!
DYI
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