To: bruinbirdman
"Yields on 10-year Spanish bonds surged to a record high of almost 7.3pc as investors ignored the victory of pro-bailout parties in Greece's elections."
BTW, I wonder how high US yields will go, when the global money runs from bonds here. Agricultural economy, anyone?
15 posted on
06/18/2012 9:50:13 PM PDT by
familyop
("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
To: familyop
Where’s it going to run? That’s been the catch, or the saving grace for the US several times since 2007. Precious metals? Holding paper is suspect, physical is difficult, and it’s already had a huge runup. Real estate is a safe haven historically but that’s the original bubble that set the whole conflagration off in the first place, it’s still deflating.
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