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


To: Mr.Creosote who wrote (46388)12/1/2005 4:46:22 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Note that this week the FCBs returned to normal custodial buying ($3.6 billion) and the fed passed on monetizing, and the bonds quickly swooned. The heroin requirement is quite high, I would guess that shocking levels will be needed to contain interest rates, at least until the mortgage market seizes up with a credit convulsion.