John, what is happening today? Another huge drop in Treasury prices after the government announced they wouldn't issue as much during the 3rd quarter due to bail-out paybacks. Is something else going on? China selling?
Were the Agencies Responsible for Recent Bond Market Price Activity? [View article]
What do you think of the other idea that perhaps China is unloading longer-term treasuries and going to short-term treasuries with the proceeds? If China is worried about a cheaper dollar in a few years, when the longer bonds mature, that would make some sense.
Bond Expert: Tuesday Outlook [View article]
Bond Expert: Monday Outlook [View article]
Were the Agencies Responsible for Recent Bond Market Price Activity? [View article]