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

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From: russwinter3/3/2005 4:52:15 PM
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FCBs come in and buy an enormous amount of agencies this week, $11.587, plus 2.396 treasuries. Fed actually sold $159 b. Back to back weeks where foreign custodials have bought an unprecedented $36.408 billion in US agencies (13.702)and treasuries (22.706).
federalreserve.gov

Either this is very heavy handed back door inflation by rogue central bankers, or more likely it's FNM passing th Old Maid cards off on Japan? China? Who else? Or both hyperinflationary money printing, and a FNM bailout. So this is how they bail out FNM, have them dump their portfolio on "strong bids" from the Asians patsies. Has someone been bought off, and is a massive criminal enterprise is underway. There's a story here, the press will be slow to pick it up.
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