Wednesday, September 09, 2009
Observations On Unusual Bond Deal Behavior
If fear is gone you would expect primary bond dealers to reduce considerably the current holdings of bonds. Point E shows that it is not the case and hoarding in treasuries continue.The latest uptick shows a net long position at over $16 billion. A very rare and unusual behavior from bond dealers. We look for long term treasury prices to go unusually higher...
Zero Hedge: Observations On Unusual Bond Deal Behavior
Zero Hedge: Observations On Unusual Bond Deal Behavior