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


To: Real Man who wrote (86158)9/12/2007 11:03:34 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'Then they just might take a credibility blow and some
serious selling of US debt by our foreign creditors.'

With the 10 yr under 4.4% yield that might be one of the goals. Hope the current inversion in the yield curve reverses itself in large part on the back end thus lending some support in the dollar if they can also keep the fed funds at 4.5% or higher.. Imagine what happens if things got so out of hand Ben needed to lower fed funds to 2% or less again?