We Are Japan, Part #54903512

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Tuesday, August 16, 2011 We Are Japan, Part #54903512 If you look at the progression of the US stock market boom and bust, it's easy to see comparisons to the long deflationary slog experienced by Japan. What's more, we have a similar monetary structure (our own currency, with mostly domestically-owned, domestically denominated debt), and we're facing a similar crisis (too much private sector debt). Anyway, the Treasury market shows it as well. The spread between current Treasury yields and yields on Japanese Government Bonds has hit a new multi-decade low. And beyond that, the progression of the Treasury yield collapse has has gone at a similar pace. This chart comes from Nomura's Richard Koo, lining up 10-year yields between Japan and the US at the start of their respective crisis. Bottom line: Yields have a lot longer to fall if you think Japan is a good guide. Read » Also On Money Game Today: Does A Violent Selloff Really Mean A Recession Is Coming? The Market Is Tanking After Bad Performance From Merkel And Sarkozy CHART OF THE DAY: A Surefire Way To Rescue The Collapsing Dollar CHART OF THE DAY: French CDS Are Where Italian CDS Were In July Advertisement CHART OF THE DAY: The Stunning Setback In Consumer Sentiment CHART OF THE DAY: Volatility Is Off The Charts CHART OF THE DAY: This Is The Business Google Just Bought Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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