How is it humanly possible

[PohPoh]

that Short term rates are 1.00%...
and 30 year bond prices are not crashing like a bastard...
I assume it will begin, in earnest...but I am just talking my position...

 

[gnome]

The Fed doesn't control long rates, and nervous investors are buying the 30 year out of fear of default on alternatives... jmg

 

[rosy2]

buy TBT for longterm investment. rates are going higher

 

[PohPoh]

Quote from gnome:

The Fed doesn't control long rates, and nervous investors are buying the 30 year out of fear of default on alternatives... jmg

I know that G...just curious as to the logic - even panicked investors are willing to lose money to NOT lose money...buying bonds that are net drains...
eventually that logic has to stop...

 

[nazzdack]

There's tight supply and excessive derivatives-related speculation that supports the long-end of the curve.

 

[kxvid]

Don't you know? Bond investors enjoy losing money. They swarm all over those low yields. They especially like it when yields go negative, so they lose even more money.