Everyone who purchases a Treasury bond is purchasing a depreciating asset. Moreover, the capital risk of investing in Treasuries is very high. The low interest rate means that the price paid for the bond is very high. A rise in interest rates, which must come sooner or later, will collapse the price of the bonds and inflict capital losses on bond holders, both domestic and foreign. The question is: when is sooner or later? The purpose of this article is to examine that question. Words: 2600

The Citigroup economics team...made some noise late last week when they wrote that Greece would exit the euro on January 1, 2013 [and,] despite the results of this weekend's Greek elections which favors bailouts, austerity, and the euro, Citigroup continues to believe Greece is likely to exit the euro. Here's why. Words: 950

With 10 year Treasuries yielding 1.6% in the United States, some argue that higher deficits are warranted. As the discussion below shows, the logic behind that view is fundamentally flawed, if not reckless. Words: 1238

The U.S. economic recovery has been weak and the looming fiscal cliff threatens to act as a further drag on the economy. Europe is imploding with the chances of a 'Grexit' increasing, and Spain's economy deteriorating and risking contagion. David Rosenberg looks at the state of the U.S. and global economy via 51 depressing charts.

"Either you take the debt clean-out right away, and that means a very hard deflationary depression, or you do what I suspect they will try to do and that is keep pumping money into the system to keep the whole banking (system), derivatives and economies afloat [and] that will lead to some sort of monetary distress that could end in hyperinflation. I think that’s the worst outcome, but there is no good outcome.”

Follow the eurozone crisis as it unfolds with this quick guide to key dates, developments, and investment implications.

The big news that the markets are attempting to digest this week is the €100 billion Spanish bailout. This action and the upcoming Fed FOMC meeting on June 19-20 will dictate the market's action over the next two weeks and possibly for the remainder of the year. [That being said, given what has transpired in Spain this past month, it is evident that the philosophy is to "lie until you are about to die." Let me explain.] Words: 640

One moment stock prices rejoice on bailout news for the eurozone… the next moment they collapse....but steering clear of European stocks and bonds doesn't mean you're completely safe. In fact, your portfolio could be loaded with ticking time bombs, set to detonate once second-quarter earnings reporting season begins. Here's why. Words: 611

As the focus of the euro crisis shifts to Italy, IMF head Christine Lagarde has warned that European leaders have less than three months to save the euro. Meanwhile top economist Nouriel Roubini has called on Berlin to drop its obsession with austerity, proposing that the German government give every household a 1,000 euro [$1,250 US equivalent] voucher to spend on a vacation in Southern Europe. Words: 990

While many investors want to believe that U.S. treasuries are a safe haven, I will use this article to debunk that myth with plain hard evidence...[to support my contention that] holding U.S. bonds is the worst investment going forward. Words: 500