Treasuries continue to move even higher. This is one monster bubble!Has anyone stopped long enough to ask what is going to happen to interest rates when this bubble pops and/or the Fed starts to sell all those treasuries it is buying? One should consider also that when the Fed starts to sell, so will many other traders and investors. Just as many other investors are buying treasuries today (don't fight the Fed, right?), pushing them into bubble territory, when the Fed starts to sell, other investors will sell treasuries also. When that happens, I shudder to think what the consequences will be, both for the American People, and for interest rates!
