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

To: SliderOnTheBlack who wrote (15102)2/4/2009 4:35:43 PM
From: jealous_monk  Read Replies (1) | Respond to of 50562
 
Hi Slider: re:<I closed out my TBT position because I thought the Fed would announce that they were actively buying long dated Treasuries.>
It seems to me that if the fed becomes the buyer of first, last, and only resort for the long-dated, everyone else will sell them. I mean, nothing else they have done has been effective, why start now?

Anyway, just another pov, and my money is on this play.

BTW, thanks


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