Service Sector Grows More Slowly – Reuters Should Central Banks Now Sell Gold? – Reuters Strong Global Oil Output to Overshadow Rising Demand – Reuters Treasuries Showing 12% Chance of Double-Dip Recession – Bloomberg Copper Shortage Looms in 2011 For Macquarie, as Freeport Sees Supply Limits – Bloomberg European Cocoa Industry Launches Formal Complaint to [...]

Pimco’s Gross Says He’s Purchasing Treasuries to Protect Against Deflation – Bloomberg Gold Gains in New York, Erasing Earlier Decline – Bloomberg World Bank: Dollar’s Role Declines – New York Times Cotton Falls on Slump in U.S. Consumer Confidence – Bloomberg FDIC May Ask Banks to Prepay – RealClearMarkets Home Prices Gain 3rd Straight Month [...]

By Jim Barrett I’ve been involved with the Treasury bond market since 1979, originally as a floor trader, and recall how bond trading was king back then. However, the spotlight dimmed as the U.S. government began to get its fiscal house in order during the late 90s; so much that it was even able to [...]

Treasuries a Safe-Haven in Times of Crisis By Greg Perlin An avalanche of negative news swept the markets yesterday. To summarize the events, two Wall Street titans will essentially disappear. Lehman Brothers filed for bankruptcy and Merrill Lynch agreed to be acquired by Bank of America. The stock market really has taken a hit and [...]

Will U.S. Follow Up Japan into a Decade of Stagnation – The Economist Markets Stuck in a Vortex of Volatility – The New Yorker It’s Deflation, Stupid – RealClearMarkets Recessions are Good for the Economy – Telegraph U.S. Treasuries Climb on Concern Credit-Market Turmoil Widening – Bloomberg U.S. Economy: Home Resales Rose More than Forecast [...]