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Message: Re: US Treasury Sales
4
Aug 01, 2009 01:16AM
1
Aug 01, 2009 04:44AM
1
Aug 01, 2009 10:06AM

Morning D...

We also IMHO know why the markets were tanking earlier in the week. Seems that the tactic employed by the fed is to scare the hot money out of the markets when ever they need to sell T-Bills. The hope is that the money has to go somewhere and it will be to them. People are starting to catch on however and it will be interesting to see what they come up with next.

R.......

PS

When the US government is the last one that will buy their own paper something will have to give.

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