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|Subject: The Term-Premium Case for higher yields||Date: 1/21/2006 3:40 AM|
|Author: WendyBG||Number: 15060 of 35361|
Please take a look at this thread, on the Mishedlo Board.
I am a firm inflationist. Mish is a firm deflationist. Mish believes that there will be a recession, and that interest rates will drop.
The question is really a Fixed-Income question: would it be better to buy Treasuries or TIPS. If TIPS, would it be better to buy at the April auction, or later in 2006?
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