SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NOW who wrote (18274)9/1/2004 2:51:28 PM
From: russwinter  Read Replies (1) of 110194
 
The 5 year Treasury Old Maid Card is the heroin of choice for the BOJ in their mercantilistic currency interventions. The Asians, and OPEC are very active right now (they have to be as the trade gap is swelling by billions of dollars), with the offshore Caribbean based speculative hedge funds in tow playing ticks. These really are not natural or private buyers who buy for "investment". What real buyer would want a five year USD Treasury yielding 3.3%, with inflation in the mid single difits (or higher)? Their motive is to effect or intervene, so you continue to see massive market distortions being played out
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext