
https://ycharts.com/indicators/210_year ... eld_spread
I'm looking to buy a house in a very overpriced area in the next 2-3 years, I'll probably buy regardless just to lock something in (I hate moving, and that seems to be a constant with rentals), but I am really hoping I can wait out the insanity and get a deal.Gilberto de Piento wrote: ↑Fri Dec 07, 2018 10:12 amAnother sign pointing to a possible recession. Anyone getting nervous yet? Or are you excited, hoping to buy assets on sale? Personally, If the market tanks or moves sideways for a long time it may be difficult for me to be as excited about investing.
-YellenHistorically, it has been a pretty good signal of recession, and I think that's when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal," "The reason for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long-term yields.
-GreenspanThere is international arbitrage going on in the bond market that is helping drive long-term Treasury yields lower," "There is no barrier for U.S. Treasury yields going below zero. Zero has no meaning, beside being a certain level.