Even with the Fed's reiteration that they were considering outright purchases of US Treasuries, the yield on the 10-Year has been climbing steadily higher from its lows in December. At 2.77%, the 10-Year is approaching yields that it traded at before the bottom dropped out in early December. How we trade in the next few days will go a long way in determining whether the current sell-off is simply profit taking after a massive rally, or the beginning of the end of the latest bubble in asset classes (stocks, real estate, commodities, etc...).
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Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.
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