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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: jimss who wrote (14811)1/27/2009 4:29:53 PM
From: jealous_monk  Respond to of 50466
 
I suspect that Slider didn't want the risk associated with the possibility that the FED would start buying the long end of the curve in a bid to lower mortgage rates.



To: jimss who wrote (14811)1/27/2009 6:14:34 PM
From: The Reaper  Respond to of 50466
 
With Fed statement coming tomorrow, anything can happen when those monkeys open their pie hole. Better to take profits ahead.