Tuesday, May 4, 2010

An Even Better Trade of the Decade

Sell Japanese government bonds. Japanese bonds are probably even more over-valued than US bonds. And with the Japanese borrowing more than ever...while the Japanese savings rate declines...it seems a fair bet that Japanese government debt will go down at least as much as US debt. Maybe more… (http://dailyreckoning.com/an-even-better-trade-of-the-decade/)

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