The Bond Dream Room

[Smith1776]

lol and there's me: the Canadian.

I REALLY feel left out when reading these conversations about EE bonds, I bonds, and the like.

I read these threads and I'm just like "What are these dudes going on about anyway???"

[pugchief]

You are welcome.

And fortunately we have pugchief.

Man, if you would have just stopped typing here, you would have been right on target.

[Kriegsspiel]

smithers you probably know more about US government debt than 90% of Americans. The varieties of bonds aren't too complicated, it's the tax considerations and where you can buy them that are confusing.

[Smith1776]

smithers

Man, I'm rolling with that s%#t.

smithers.jpg (37.46 KiB) Viewed 590 times

Everyone on the board now has permission to call me smithers.

God I love this forum.

[Ad Orientem]

Real US debt levels could be a shocking 2,000% of GDP

https://www.cnbc.com/2019/09/09/real-us ... gests.html

[ochotona]

I felt stupid when I sold my TLT a few days ago.

[Cortopassi]

Now you feel good??

[Cortopassi]

TLT sure has come back down to earth. These cycles are quite interesting to watch. Like it picks up speed when rolling downhill.

[Ad Orientem]

Volatility seems to be the new norm. To some degree I'm used to that with stocks and gold. But bonds should not be bouncing all over the place.

[mathjak107]

they have been making moves on par with stocks falling hundreds of points. 1.50-2% falls are a lot

[ochotona]

Wolf Richter
https://wolfstreet.com/2019/09/15/the-w ... nd-market/

[sophie]

I like seeing these kinds of bumps in gold and bonds, because they tell us something very important: despite the rise of cryptocurrencies, low interest rates etc they still operate exactly as the Permanent Portfolio needs them to, during times of market stress.

Next time I check the portfolio, I'll rebalance if indicated or buy lagging assets with the new cash. With no hesitation. And I'm in no hurry!