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Sunday, January 27, 2013

Does this mark the top for bond prices?

by Calculated Risk on 1/27/2013 05:35:00 PM

Fun on a Sunday with a hat tip to reader Jeff for suggesting this post.

Last year I posted a photo of the early construction phase of the PIMCO Taj Mahal. Now they are working on the interior of the building (building on the left).

The question is: Does completion of the PIMCO building mark the top for bond prices?

PIMCO's Taj Mahal
Earlier:
Summary for Week Ending Jan 25th
Schedule for Week of Jan 27th
Thresholds for QE
Me, Me, Me