Treasuries Got Bernanke’d: 3 Years Gone In 3 Weeks

Treasuries Got Bernanke’d: 3 Years Gone In 3 Weeks (ZeroHedge, Aug 16, 2012):

The 20+ year Treasury bond ETF (TLT) declined 8.2% from the top. That’s more than three years worth of interest, gone in just three weeks.

Yes, there is a flip side to central bankers artificially depressing bond yields. And you thought you were smart, not falling for Bernanke‚Äôs siren songs to push you into “risky” investments.

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