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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: chartseer who wrote (96127)12/2/2010 9:17:04 AM
From: FJB2 Recommendations  Read Replies (1) of 224729
 
QE2 is not working as intended -- The purpose of QE2 is to bring down US Treasury yields, and that has not happened. The yield on the 10-year US Treasury was 2.334 on October 8 at the height of the QE2 chatter. Today it hit 2.987, up 65.3 basis points, which is a huge indication that QE2 is failing.

minyanville.com
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