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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (21001)10/29/2004 7:09:34 PM
From: Crimson Ghost  Read Replies (2) of 110194
 
CB bond market manipulation dwarfs anything they have done with gold.

No market dominated by rational profit-seeking investors would price 10-year treasuries to yield just 4% in the current environment IMHO. But for government bureaucrats interested in pumping the economy at any cost, the bond action has been manna from heaven IMHO.
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