Monday, May 14, 2012

Where are they?

 I am referring to those pundits who were claiming the imminent collapse of Treasuries demand and were loudly calling for massive rate increases.   Where is Niall Ferguson and the rest of them, including obviously S&P which "downgraded" U.S. Debt in a much publicized episode earlier this year.  Kindly view this chart and perhaps re-evaluate your assumptions regarding U.S. debt structure.

Meanwhile, The Recapitulator's own Sovereign Debt Tier List, which seeks to rank Sovereigns based on relative positions is doing quite well in the current environment.

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