Thursday, May 6, 2010

Treasury Spreads: In the Tank!

Well we are seeing the Treasury spreads go in the tank. The Euro, and everything else.

Let us review:



















This shows the collapse of the spread of the extremes due to the collapse of all other securities. Greece and the Greeks are terrifying the world financial markets. Stupidity has no limits.

The details can be seen below with the dramatic drop in the 30 yield yield. This drop will come back to haunt the US!



















The following is further detail:



















Finally the 90 day to 10 year spread is collapsing, See below:



















This means that amongst the world's currencies people are flocking to the dollar, which is truly itself a sinking ship. Hold onto your hats folks!