http://www.bloomberg.com/apps/cbuilder?ticker1=.TEDSP%3AIND
I look at this every few days. I caught it back in Sept making its first change in downtrend.
Interest rates went negative...if you want to hold Treasuries you have to pay for the honor.
This is ominous. You don't have to get gonzo bearish, but don't get complacent.
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Insightful and Useful Comment!