Treasury Bonds May be in a Bubble, but Most Investors Will Want to Think Twice Before Shorting Them

There has been a lot of discussion in the media about a "bubble" in the price of treasury bonds - i.e. the yields on treasury bonds are at unsustainably low levels. This has increased the focus on opportunities available to the individual investor who wants to try to make money from shorting treasury bonds. There are a number of vehicles available to individual investors who would like to do this. Here is a link to my analysis of the potential payoff. It illustrates why someone might want to think twice before making this trade.