30-Year bond hits 2008 highs… “Longs Peak” at hand?

Posted by Chris Kimble on 09/20/2011 at 10:50 am; This entry is filed under bonds.

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Often times Government bonds rally on stock market weakness...  has the rally this year in the long bond been a little greater than most expected though!  The 30-year bond is now back at the same price as it was back at he 2008 financial crisis highs, yet the 500 Index remains 85% above its 2009 lows!

If this isn't a "longs peak" in bond prices, one can only guess how much higher the long bond might rally should stock market, Copper weakness or GE2 take place!

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4 Comments

  1. InvestorX September 20th, 2011 at 2:35 pm

    Operation Twist

    http://www.businessweek.com/news/2011-09-19/dealers-add-treasuries-in-biggest-buying-spree-since-07.html

  2. InvestorX September 21st, 2011 at 2:10 pm

    Bonds surge on Operation Twist announcement

  3. Chris Kimble September 21st, 2011 at 2:26 pm

    Investor X….Bonds surge on GE2 picking up momentum.

  4. InvestorX September 21st, 2011 at 8:51 pm

    “Great Escape 2″… understood