BondMan

Who Is Selling U.S. Treasuries?

The FOMC meeting should be exciting. What is your take on QE?

Why the Muni Bond Market Is in Decline

I must say I agree with BondGuy, if this were a risk averision story we would see money flowing into high grade muncipals which we have not. The buyer of last resort, once large institutions, has been replaced with the retail investors which cannot bear so much supply. Too make matters worse large insititutions refuse to buy munis right now with yields so high in fears of devaluing their portfolios.

Not giving states and municipalities a piece of the TARP pie makes absolutely no sense to me. You wanna increase jobs? Invest in states' infrastructure and such.

I am staying away from the stock market but refuse to park my money in Treasuries when I can buy tax-free treasuries, pre-re's, which are yielding about 170% of treasuries on a nominal basis. On a taxable equivalent basis this is about 300%!.....