Thursday, April 7, 2011

Bond Market as a Casino Game Part 3

For additional insight into the recent 30 year bull bond market, please see the well-researched historical references in Credit Suisse Global Investment Returns Yearbook 2011.  My favorite chart from this is


For those even more ambitious, see this massive 736 page beast on interest rates with details back to 3,000 B.C. Sumerian documents.