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


To: GST who wrote (54899)2/28/2006 2:30:33 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Bingo. A masterful piece of work that ties it all together.. Yes I rarely hear anyone talk about the risk premiums required of lenders. Risk premiums should include credit, inflation and illiquidity..

Do you think Bernake believes he can keep the long end from moving up by just slowing the economy down? No doubt he prefers a steep yield curve as the end game down the road without too much of a backup (perhaps to the mid 5% range tops) at the long end.