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


To: SeaViewer who wrote (23763)12/29/2004 12:57:13 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Looks like the Fed is taking a different track in it's money printing activities to artifically attempt to support bond prices this week. Obviously injecting permanents and bought outrights is paramount to "make my day" to USD bears, so they've resorted to securities lending, which might be considered by some as more benign? Add a whopping $5.582 b from today to this chart. Just stuff it down dealers throats.
bullandbearwise.com
Would have to be characterized as "sneaky loose or easy money", not quite as blatant as just buying $3 billion a week, and adding perms of a billion twice a week, but consistent with the "dishonest broker" persona they well deserve. Squeezing out endless turds is tiring work no doubt.

Also heavy use of temporaries to try and sell this week's 2 year Old Maid Cards (OMC). $11.75 billion expire Thursday, so they have another manipulation decision to make.
bullandbearwise.com
Let it slide enough and the market may just run low of the deadly doses of heroin
Message 20896031
required to stay comatose.

Tomorrow we will get the read on custodials (foreign CBs), but they seem MIA given the sloppy prices of OMCs lately.