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

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To: Mike Johnston who wrote (63689)	6/14/2006 3:02:36 PM
From: mishedlo	Read Replies (1) of 110194

Exactly who was running into treasuries at 3%? Who loved them other than central banks? I say they ran up on one hell of a short squeeze with everyone betting against them followed by foolish helicopter talk from Bernanke. Yes that was overdone but with a housing bust there is no reason we can't go there again. I do not believe you can make any case that the masses loved treasuries at 3% Mish

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