From the Department of You've Got To Be Kidding, Fed (and other central bank) officials are...
From the Department of You've Got To Be Kidding, Fed (and other central bank) officials are voicing concerns about overheated markets - be they junk bonds or farmland or houses. This week, Atlanta Fed president Lockhart noted a bit of froth in Treasurys and MBS. Fed purchases of $85B/month in those markets couldn't have anything to do with that?
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