YIELD TO ME

Here's the real breaking news, 10 yr bonds now yield a scant 2.57%. Sure the FED doesn't control interest rates (LONG TERM) DIRECTLY....they DO control SHORT TERM rates....but that pulls ALL rates down.

FEAR....is pushing swarms to safety of bonds......even as many warn its getting crowded. It would seem the potential exists, especially if stocks grow weak, for yields to push down evern further before they attempt to bottom and mount a counter trend move.

SO is all we can hope for from world govt's and bankers is a flood of paper currency is the FIX we all need? sounds like ZImbabwe strategy.

2 years we sit here at record low rates,, real problem is banks wont lend to ONLY the highest quality near 100% no risk customers. Those who could benefit from REFI'S WELL they DONT QUALIFY WITH SINKING HOME VALUES....of which may be stagnant or head down for years to come.

1980-2007 the longest recorded, strongest bull market in history. Bear markets usually last 30% of that time frame....we just getting started in the changes that may last some of our lifetimes.....unless printing money is the way to regain prosperity?

If banks aren't making money on loans, on trading profits, 0% savings accounts aren't attracting new money to the banks.

Houston we have a problem, and at some point, IMHO boy is the stock market ever going to reflect that. GOLD has been resilient...I just wonder about the paper gold when baby goes out window

D