"When the financial history of this decade is written, it will surely speak of the Internet bubble of the late 1990s and the housing bubble of the early 2000s," he went on. "But the U.S. Treasury bond bubble of late 2008 may be regarded as almost equally extraordinary."
Warren E. Buffet (excerpt from the 2008 annual letter to shareholders)
BTW its seems like the treasury bubble is already bursting before our eyes. Why do I think this? Because TBT and PST are outperforming.
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