When the Rest of the World Stops Hoarding US Dollars [View article]
Is'nt it logical, the foreigners have already curbed buying Treasuries and GSE paper, they will demand a higher interest rate. How long can the "flight to safety" into Treasuries artificially thwart the demand for higher rates in the 10-yr? Would not a utility sector decline show it first?
When the Rest of the World Stops Hoarding US Dollars [View article]
David Fry's Market Outlook for Wednesday [View article]