The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (32953)	12/4/2010 3:35:52 PM
From: ggersh	1 Recommendation Read Replies (1) of 71456

From my friend at Naked trader All that POMO money this week couldn’t save the treasuries. The 10-Yr cash market finished above 3% for the first time since July. The 30-Yr cash market gave me a buy signal…i.e…rates are going higher. I don’t care how much money Bernanke prints. No one is bigger than the bond market. We have more supply coming to the market this week in the form of 3’s, 10’s and 30-year bond auctions. The best I can give you is this; SOLD…SOLD…BLOODY SOLD.

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