If there was ever any question that this is a bond bubble with a 5,000-year low in interest rates, the final bit of insanity just took place. Italy managed to sell...
QUESTION: Sir, You mentioned in your blog post that money market funds now have to be in government bonds as per SEC ruling. You have said we are going through a...
QUESTION: Marty; Since you wrote that central banks have been net sellers of US Treasuries for the first six months to support their currencies, others are jumping...
Japanese 10-year bonds have crashed because the government is stopping its bond-buying program, at least for now. Prime Minister Shinzo Abe’s monetary policy...
(Note: The blue labels mark the change in the issues we used to create this perpetual index for long bonds) Germany sold 10-year debt at a negative yield on...
QUESTION: Dear Mr. Armstrong, I am really confused regarding long-term interest rates – I had thought they were controlled by the markets – but it seems...
The central banks have risked it all and lost. They have reached the point of no return. The Fed decided not to raise rates, which are desperately needed to prevent...
The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a...
CalPERS, California Pension Plan for government workers, is adopting policies that demonstrate that they are incapable of managing money. They cannot handle the...
QUESTION: Mr. Armstrong; Is the velocity of money an indicator of booms and bust? Didn’t the QE program by the Fed increase the money supply? Then why do we...
