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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (18927)9/23/2004 11:38:46 AM
From: mishedlo  Respond to of 110194
 
My point is this: how can anyone say there are more buyers than sellers. That is silly. It is also impossible. Yes there has been a lot of foreign buying but he cites the primary reasons for it.

Are those reasons likely to change?
I think not.
Not now anyway.
So who cares if it is "artificial" or not?
Not me.

Unless demand picks up elsewhere, treasuries will continue to get a foreign bid. Is foreign demand likely to pick up?
If so, why?

Furthermore, if US demand drops, and it clearly is with all the stimulus falling off, US demand for treasuries may be about ready to pick up! Do you not deny the plausibility of that statement? Finally if the economy is headed into the toilet, would you not expect more US monetization of treasuries?

In other words, it all boils down to is this:
It is just another useless rant against treasuries.
Mish



To: russwinter who wrote (18927)9/23/2004 11:42:01 AM
From: mishedlo  Respond to of 110194
 
Check this out -Bets on debt surge 77 percent this year

Message 20558731