Treasury yields that are about 150 basis points too low may be unable to sustain demand for U.S....

|By:, SA News Editor

Treasury yields that are about 150 basis points too low may be unable to sustain demand for U.S. government debt, Bill Gross writes. "Bond yields and stock prices are resting on an artificial foundation of QE2 credit that may or may not lead to a successful private market handoff and stability in currency and financial markets." Zero Hedge's interpretation: "Pimco just issued a sell rating on everything."