The Dollar, from Duncan Coker
With the dollar being so despised and the revulsion to owning green backs, with Aussie near parity, Euro at 1.4, gold, silver, corn, wheat, sp ,etc all at or near extremes, I wonder when the vigilantes will get around to the bond market. That too is dollar denominated, and of course you can't fight the fed on the short end of the curve, but the long end once was held in check. It reminds me of Ed Spec when every one wanted goods and no one wants to hold cash, then a speculator obliges.