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USA BUBBLE (s&p futures) VS USA NO BUBBLE (treasury)

FRED:GDPDEF   Gross Domestic Product: Implicit Price Deflator
USA Bubble: Real GDP - S&P Future (excluding the dollar revaluation) = -112%
USA NO Bubble: Real GDP - Treasury 30y (excluding the dollar revaluation) = +2.4%

data up to 10/2014

THE TREASURY 30Y SEEMS TO REFLECT THE PERFORMANCE OF REAL USA ECONOMY , THE REDUCTION OF YIELD IS IN LINE WITH THE RISE OF REAL GDP AND THE STRENGTHENING DOLLAR

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