tag:blogger.com,1999:blog-8091367287813993533.post1713461881398992478..comments2023-10-22T11:30:33.581-04:00Comments on Do-It-Yourself (DIY) Investor: Global Bond YieldsRobert Wasilewskihttp://www.blogger.com/profile/04536814650758511673noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8091367287813993533.post-67916822287196031512010-03-28T14:24:40.404-04:002010-03-28T14:24:40.404-04:00I agree. David Smick, author of "The World is...I agree. David Smick, author of "The World is Curved" has an interesting op-ed today in the Washington Post on the latest explanation of why rates have stayed so-low for so long. He argues that banks, because they are not lending, are using the massive reserves injected into the system to buy bonds. If, and when, banks start lending, rates will take off. Of course for the recovery to Robert Wasilewskihttps://www.blogger.com/profile/04536814650758511673noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-60981753010246173022010-03-28T11:10:00.071-04:002010-03-28T11:10:00.071-04:00Sooner or later supply is going to overwhelm the d...Sooner or later supply is going to overwhelm the demand for government bonds. I've been thinking this was coming for a while, and maybe this is the beginning. Higher interest rates are going to be required to keep attracting money to the massive issuance of US bonds that are coming for the foreseeable future. I know if I were the Chinese I'd rather invest all the dollars they have in The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.com