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Bubblicious

Tony Dwyer Jul 03, 2003 11:11 am

The problem I have with the talk of bubbles is that they normally pop when everyone sees it and no one cares.

That doesn�t seem to be the case in bonds right now. As our awesome staff here in Minyanville has so accurately pointed out, it would be tough to get sentiment in bonds much lower�

Everyone expects the secular move down in yields to be over�wouldn�t that just fit nicely with the fact the 10-year note yield has backed up to its breakdown price? In other words, there could be a bounce of some sort, as Kevin suggests, before you get any popping sounds.

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Thx "trader dude" and you know who you are!

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