Monday, May 21, 2012

Hiber Nation (Musical Tribute)

Click to enlarge.

in this land of strangers
there are dangers


Speaking of hibernation...

Click to enlarge.

A new record low for the 20-year TIPS was set today at 0.31%.

(The old record low was 0.36% set on February 27, 2012.)

Source Data:
St. Louis Fed: Chicago Fed National Activity Index
FRB: Selected Interest Rates
U.S. Treasury: Yield Curve


Mr Slippery said...

No TIPS pain yet. It does make me a bit nervous to be in record territory.

How low can it go?

Stagflationary Mark said...

Mr Slippery,

That's amazing!

I wonder what it would take for him to limbo under today's record setting -0.41% 10-year TIPS yield.

(Yesterday's -0.39% yield was the previous record.)

The war on savers continues!

Stagflationary Mark said...

You'd think that with the 2.46% rise in the Nasdaq today that there would be some pain in long-term treasuries.

Fortunately, there is still $11 trillion waiting to pounce on better times.

I keep looking at the "better times" pinup calendar but I'm just not liking what I'm seeing.

Here's Miss May, lol.