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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: yard_man who wrote (4533)1/7/2004 1:23:02 PM
From: russwinter  Read Replies (2) of 110194
 
<impact is wider.

Of course, part of his education, but the comments still captures the point of how extreme (much more than these economies need) excess liquidity is provided from this mechanism.

BTW, the $16 billion ten year old maid card auction went off successfully at 4.26%, with you guessed it, 40% covered by foreign central banks. All is well with the world.
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