“Bond market vigilantes have already woken up in Greece, in Spain, in Portugal, in Ireland, in Iceland, and soon enough they could wake up in the UK, in Japan, in the United States, if we keep on running very large fiscal deficits. The chances are, they are going to wake up in the United States in the next three years and this is unsustainable.”
Nouriel Roubini, London School of Economics, May 18
Related ETF`s: ProShares UltraShort 20+ Year Trea (ETF) (Public, NYSE:TBT), iShares Lehman 20+ Year Treas.Bond (ETF) (Public, NYSE:TLT)
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