Did You Get Scared Into US Treasuries?

I hope you didn't buy US Treasuries in the last few weeks.  If you did, good luck getting out when you have Uncle Sam's protuberant posterior and Ben Bernanke's bulging bum jammed in the door in front of you.

Now there will be a host of bond index funds stuck with these guaranteed money-losers for the next 10-30 years.  The day the Fed-engineered bond bubble bursts will be the biggest "giant sucking sound" since Ross Perot invented the term to describe "free trade".

Oh, I forgot one other big player stuck in the room holding Treasuries - the Social Security trust fund.  That thing is going to have to start selling Treasuries too, just to keep the money flowing to all the baby boom geezers.  We're going to need a massive tube of Preparation-H to get all those Treasuries on the market at the same time; watch out!