Barron's calls bubble in Treasuries

Get Out Now! <<-- Subtle, it's not; this was on the cover
By ANDREW BARY
The bubble in Treasuries looks ready to pop, sending prices on government debt sharply lower. But just about every other corner of the bond market beckons -- and could provide competitive returns with stocks, even if the equity markets have a strong 2009. (Video)

THE BIGGEST INVESTMENT BUBBLE TODAY may involve one of the safest asset classes: U.S. Treasuries. Yields have plunged to some of the lowest levels since the 1940s as investors, fearful of a sustained global economic downturn and potential deflation, have rushed to purchase government-issued debt.
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An interesting and detailed shot of the market; I'm curious how their analysis will play out. Incidentally, they point out huge yields in junk bonds...for people who like risky investments.

Nothing new there. What was new were the high returns on AAA-rated bonds due to housing bubble, anyone who looked at that could tell this didn't make sense.

http://online.barrons.com/article/SB123094029415750267.html?mod=b_hpp_barrons_most_viewed_day
Get Out Now! - Barrons.com