ryoung8177

Bond Expert: Friday Wrap

I wish that the so called experts would at least aread the paper before writing. Why does nobody mention the treasury crack down on failure to deliver borrowed treasury securities? And the same goes for the manipulation at the futures pits, where it has become common knowledge that there will now be enforcement for failure to deliver. There is a short squeeze on and the 30 swap is enforcing it. I am a cash owner of a substantial portfolio of treasury securites and benefit, but had know idea that I could borrow some, sell them and never have to deliver. This is the kind of crap that cost the Bush types the election.