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raoulduke_II

raoulduke_II
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  • More FOMC: Other than the pledge to adjust QE as necessary, there's little changed language in the policy statement. The one dissenting vote is again KC Fed Chief Esther George. The S&P 500 is marginally higher now than before the statement, (SPY -0.7%). Treasurys (TLT +0.6%) lose a little ground, but the 10-year yield is sharply lower on the day, down 5 bps to 1.63%. The dollar (UUP -0.2%) remains down for the session. [View news story]
    # bernankebubble is biggest thing since #tulips ... $US10YR goin test lows of last year and push to 1% by Xmas...thanks Bennie and #fedgovs
    May 1 04:02 PM | Likes Like |Link to Comment
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