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Monday, November 12, 2012

Nomura: U.S. Treasurys could be following this terrible path

Nomura: U.S. Treasurys could be following this terrible path
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Friday, November 09, 2012
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From Zero Hedge:

Perhaps those sage English philosophers 'The Vapors" were on to something 32 years ago when they asked if we were "Turning Japanese," for it seems the following charts from Nomura certainly suggest the U.S. bond market is heading in that direction.

From demographics to monetary policy; from investor allocations to flows; and from bond bubbles and volatility to long-term interest-rate paths, it seems we share a lot more than a love for sushi and pachinko with our neighbours across the ocean as we seem to be chasing after many Japanese models (of asset allocation and macro-economics).

Via Nomura:http://www.thedailycrux.com/Post/41756/Nomura--U-S--Treasurys-could-be-following-this-terrible-path

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