Five-Year Treasury yield hits record low

Five-Year Treasury yield hits record low. The MSM will be spinning today’s 2.8% 4Q GDP into a “things are gettin’ better, REELECT OBAMA!” baloney sandwich like they were overpriced windmills. The bond market says something different. Investors pouring into 5 yr bonds at a .76% yield says we’re turning Japanese, they think we’re turning Japanese, they really think so.

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (3)

  • The Jukin Institute of Bullshit Economic Numbers from the 0bama Regime says that the 2.8% GDP will be ratcheted down to 2.3% in a month and finally end up at 1.9% as the final number which will never be reported.

  • Can anyone say Argentina? If they keep printing funny money, the collapse is going to make the Weimar republic look like a good time.

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