For the "moment" however, I'm preDICTing "deflation" in asset prices but not in treasuries, and the corporates are gonna be, imho, in a world of pain here shortly.I don't disagree, near term. But weren't you predicting just a few weeks ago, before I fled to the real world of the U.P., that Treasury yields would be driven up by the sub-prime mess? I didn't understand why at the time.
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