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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: yard_man who wrote (6380)1/28/2004 7:20:18 PM
From: russwinter  Read Replies (1) of 110194
 
<manipulation by Asia, why don't we have higher rates already??.>

Call it what you may. I suppose using the term "manipulation" might cause one to be dismissed as a crank, so I prefer different semantics. But just look at the BOJ buying, it's been running 50% or more of all the twin deficits issuance since Sept. That's not a real or "natural" market, it's an intervened "unnatural" market that is sending out false, distorting signals.
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