Linear thought is a flaw.
As a dog, I like to cozy up on the sofa, pull up a glass of coffee and cookies and pretend to be human. I sometimes think that I wasted my time learning new tricks rather than playing outside.
Saturday, July 30, 2011
Short-term US Treasuries diverging from long-term.
It's not quite the inverted yield curve, but it does seem to point to markets predicting a short-term problem with the debt ceiling, coupled with long-term stability and concerns for the economy as a whole.
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