January 25, 2007 – Just two weeks ago, on January 7th, I wrote a blog called “10 Reasons Why Dollar Denominated Bonds Aren’t as Safe as You Think”. This afternoon, on the U.S. markets, MarketWatch reported a sell off of U.S. Treasury bonds.
NEW YORK (MarketWatch) — Treasurys closed under heavy pressure Thursday, as the benchmark yield hovered near a 5-month high, after new data showed an unexpectedly large decline in sales of existing homes, but also pointed to declining housing inventories and a stabilization of sale prices.
This is just the beginning. Stay tuned.
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J.S. Kim is the founder and Managing Director of maalamalama, a comprehensive online investment course that uses novel, proprietary advanced wealth planning techniques and the long tail of investing to identify low-risk, high-reward investment opportunities that seek to yield 25% or greater annual returns.