Quant Macro Investing

Risk Taking Disciplined

Bond market

Jim Rogers sees the only obvious bubble to him now is the government bond market.  There are reports that when it collapses, it would just be very fast.  Would be helpful to see what happened historically…

 

From FT about JGBs – see the video below time around 2.05-2.20 mins:

http://www.ft.com/cms/bfba2c48-5588-11dc-b971-0000779fd2ac.html?_i_referralObject=11491171&fromSearch=n

 

Also, check out what Prof Steven Cheung said earlier:

然而,追查美國上世紀七十年代的經驗,大家會知道市場的通脹預期可以在幾天之內甚至一夜之間急變,而孳息率的高企甚至上升可以相當持久地與貨幣量的收縮及通脹率的下降脫節的。當年在美國債券市場上輸錢的經濟學者無數。

http://vicktorcapitalist.com/blog/?p=1944

 

 

November 15, 2009 - Posted by | Case Study

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