2011-07-15

US Downturn for 2012 now assured



The Real 10 year bond rate average over 3 months has now dropped below zero to -0.12%. As I have been pointing out for the last month, this presages another economic downturn for the United States.

Inflation just came in at 3.4%. Even though June saw a monthly deflation, it wasn't enough to prevent a move into negative real bond rates.

The monthly Real 10 year bond rate also had its second month in negative territory at -0.43%.

4 comments:

superSlot said...

We come together to get all the fun in one website. By collaborating with more than 20 slots game service partners, AMBBET is the site that offers over 1000 slots games as many as you can imagine. And our website has a 100% security system. pgslot

Zugurwan said...

Many PG slots testers tend to turn on the brightest light from the screen. whether on mobile or computer In addition to causing loss of sight superslot

punrice said...

In order to deposit and withdraw, you will have to sit back and calculate. Join us here. Good service, no lack of falls, absolute glitches! pgslot

mowan said...

This moment is similar to above. is not a peak period and not during the low It was a moderate amount of people playing. Jackpot สล็อตxo