Irish Mortgage Brokers Blog

Charles Diebel of Nomura Internation on his outlook on the treasuries. There has been talk for some time of a treasury bond bubble forming, the scope and depth of this can only be expressed over time, however, the money that has flown out of equities and property must have flown somewhere and perhaps the treasury ‘flight to quality’ is actually going to be the stimulus that caused the treasury bubble to form (if there is one).  The talk of inflation - according to Mr. Diebel- is more of a 2010 story than one of 2009, however, as per our comments in the past, if you are considering a fixed rate mortgage you will have to do so ahead of the curve in order to gain an upperhand on inflation.