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I guess it might be time for the 'cult of bonds' then...

In the infamous words of Muscles from Frankfurt, Jean-Claude himself, it's the 'further disorderly unwinding of global imbalances' that's making me nervous.

Don't buy the conspiracy theory at all... Love the 'gilty' pun, though :). Firstly, they're still in deficit. If you claim that the trustees have access to non-public information from the Bank, why are they still underfunded? Secondly, if you know what's been going on with the UK...

This might be a better link: http://www.bloomberg.com/apps/news?pid=20601086&sid=amo3z_441h7g&refer=latin_america

China is diversifying out of USD... Makes me nervous. http://www.ft.com/cms/s/0/eba6405c-1d7e-11de-9eb3-00144feabdc0.html

Possibly, but it's not obvious. For example, if we have a risky asset revival and the spectre of high inflation rears its ugly head, households might just decide to allocate their cash into equities. Why not such a scenario? USTs have performed massively vs equities, their safe haven status...

This must be some sort of a joke. I know good written English is not a pre-requisite where trading is concerned. However, publishing your views online does require adequate English. Mr Cook can't write himself and he doesn't seem to have enough money to hire a professional to proofread his...

It's more than just their assets. Their liabilities also have increased, because the annuities they kept selling a) are floored; b) need to be discounted using a much lower rate. Along with CRE (commercial real estate), the insurance sector is the one, I think, where we haven't seen all the...

http://www.ritholtz.com/blog/2009/03/ppip-heads-or-tails/

In many ways I agree with Pabst and would even go as far as generalizing his idea to make a sorta philosophical point. To me, as usual, it's a case of too much of a good thing turning out to be lethal. At its peak, the US system, more than any other, was the pinnacle of Pareto-optimal...

What did you expect? The 'free mkt' ideology went too far and got us into this mess. As usual, when time comes for the pendulum to swing the other way, we should expect to swing wildly too far in the other direction; from one extreme to the opposite one.

Dude, it's a mkt, so you can see the rates at which various banks and brokers transact... X-ccy basis swaps is the shape through which these trade. Maybe you can google arnd to see if you can find a primer on these, because it's just too onerous to write about them. You're correct in some...

Same here, A3, but I console myself with the thought that our sacrifice is helping prevent WWIII. We do it by bailing out the OP and the bank that he just saddled with a non-performing loan. I think the ability to get into (unsecured) debt is important. The only way to minimize your...

Why you surprised? Firstly, the dealers cheapened it up nicely into the auction. Secondly, there will be no UST supply for a couple of weeks now (TIPS don't count). Thirdly, it's month/qtr-end time, so there's a natural need for duration. Fourthly, the Fed's buying again next week. This...

Auction came right on the screws, which, in spite of the relatively small indirects number, suggests it was actually strong.

7yr Trsy note futures? Hmmmm, I think you need to go to the CBOT site and educate yerself some more.

Most of the sov debt agencies provide closing prices, as far as I know. For example, you can look on the DMO's page (www.dmo.gov.uk) to get official gilt closes.

The Fed bot, the Trsy sold... Guess who won?

Would depend on what sorts of bonds...

Isn't this just a simple 1x2 put spread? I assume it's the same expiry...