""Historically a flat or inverted yield curve is bad news for the market but I don't think that is the case this time," said Stine. "Buying of Treasuries won't go away when the Fed stops raising rates. The long-end going down just reflects demand for long-term bonds."


Haven't we heard that before?


TW "

^^^^^^^^^^^^^^^^^^^^^^^^^^^

It would not be the first time the impact of the Baby Boom impacted
the "historic norms" in the market. There should be an increase in
demand for fixed-income investments over the coming decade(s) as
the "equity" -driven investors adjust to a greater proportion of
bonds in their portfolios.

To every thing there is a season.
And every bubble has its day - or couple years.

Howie52