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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (269706)8/18/2010 10:30:56 AM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Didn't the last time the Fed started buying the long end prove to be the low point for yields? That's the way I remember it. I can't remember the dates, or I'd go check. Exactly what you'd expect. Fed says it's going to buy a ton of junk, so Wall Street front runs them - bids it all up first, then hands it over to the ever-willing Uncle Ben.

Never done it before, but maybe I'll have to try a little TBT...

BC


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