Greek or Spain or Grexit or Spexit? In the mean time money is pouring into the long-term US Treasuries. One year return of the longest term US Treasury Strip is above 80% now. And people think that bonds are boring? They are the most exiting financial instruments. They are derivatives, for God's sake. All the troubles we have been going through since the mid-1990s are because of them.
It is the debt, stupid! Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
