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  • Time to Forsake Stocks for Bonds? Arnott and Arends Square Off [View article]
    The Treasury funding needs are so high - read multi-trillion. The Fed has to keep buying the long end to keep the ten-year rates and vis-vis mortgage rates down. Even if one assumes that the long end accounts only for 30% of the trillions coming down the pike over the next year or two, I don't see how the Fed can keep buying.
    May 01 07:06 am |Rating: 0 0 |Link to Comment
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