With QE2 having ended and the Treasury expected to keep issuing huge sums of notes, the bond...

|By:, SA News Editor

With QE2 having ended and the Treasury expected to keep issuing huge sums of notes, the bond market is becoming skittish about not having the certainty of being able to sell securities "quickly in the secondary market, or to the Federal Reserve." This unease has already led to some "sloppy" auctions with relatively high yields.