1 percent yield on 10-year Treasuries look increasingly likely
The majority of people somehow are looking for steady patterns and simplistic answers. They’re looking for something that fits into what used to be the regular cycles, but this is just not anything like that.
What they’re recognizing is the global issues are very much influencing the U.S., ‘No man is an island,’ and no country is an island -- to quote John Donne.”
DYI Comments: Countries the world over are in a slow down, recession, or outright depression. First world central banks have created so many bubbles they are almost impossible to keep track of.
I've only listed the most meaningful countries and cities.
Real estate bubbles: Country and most overvalued cities
Canada - Vancouver and Toronto
England - London
Australia - Brisbane, Sydney, and Melbourne
New Zealand - Auckland
United States - New York, San Francisco
Russia - Moscow
Stock market bubbles: Countries
United States
England
Germany
France
Australia
New Zealand
Bond market bubbles: Countries
United States
England
All Central European Countries
Spain
Portugal
Japan
Countries in recession:
All Central European countries
Canada
Countries in depression:
Russia
Spain
Japan
Brazil
Countries in total social breakdown:
Venezuela
As more and more of these bubbles begin to pop the world over there will be a flight to quality. Despite U.S. problems Treasury securities are well sought after plus we still have positive interest rates. After all of this has played out it would not be surprising for the 10 year T-bond under 1% and the 30 year T-bond under 2% with 5 year notes zero to negative!
DYI
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