08/29/2014 - For the first time in history, (based on FRED data), the 30Y constant maturity yield is below the real GDP growth level.
FINANCIAL REPRESSION IS
COMPLETELY DISTORTING
THE PRICING OF BOND RISK
(The RISK is in FIAT US$ CURRENCY)
Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.