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To: Bid Buster who wrote (388426)6/10/2009 3:08:58 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
The clowns may be having doubts as 10-year rates doubled from
December 08, which is when the Fed's QE program started.
The announcement of Fed buying MBS and agencies was in
late November 2008. They were buying in December 08 with
some fresh cash.

More like quantitative tightening if you ask me. -g-