The Last Bubble to Blow?

Some argue that the US government is blowing the last bubble: the treasury bubble.

Will it be the last bubble?

When is it going to pop?

How long will the foreign countries continue to buy the U.S. bonds?

The U.S. may have to keep in mind that Japan’s long-term bonds are already yielding below 1%.(We know who has been mostly buying Japanese bonds: internal buying)

Yet, the day of reckoning may take a lot longer than most of us would think. Or perhaps not.