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Sep
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In the US and elsewhere, where commercial bank exposure to government paper is still close to all-time lows, the unwinding of grotesque over-exposure to bubble sectors like real estate (see chart below) will continue to underpin the secular bull market in government bonds. 
Via “A Full Blown Deflationary Episode” Coming | zero hedge

In the US and elsewhere, where commercial bank exposure to government paper is still close to all-time lows, the unwinding of grotesque over-exposure to bubble sectors like real estate (see chart below) will continue to underpin the secular bull market in government bonds.

Via “A Full Blown Deflationary Episode” Coming | zero hedge
Tags: deflation   government   treasury   bonds   finance   economics  
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