February 4, 2013

The 3 Pillars Supporting The US Treasuries

"In last month's Gold Letter, I wrote about the three pillars supporting the US Treasury's persistently low interest rates: the Fed, domestic investors, and foreign central banks - led by Japan. I examined how Japan's plans to radically devalue the yen may undermine that country's ability to continue buying Treasuries, which could cause the other pillars to become unstable as well." - in IB Times 

Related: iShares Lehman 7-10 Yr Treas. Bond ETF (IEF),   iShares Barclays 20+ Yr Treasury Bond ETF (TLT); 

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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