Credit Suisse thinks markets have mispriced Twist, and expect a heavier focus on the long-end...

|By:, SA News Editor

Credit Suisse thinks markets have mispriced Twist, and expect a heavier focus on the long-end than will ultimately be realized. Firm believes only 15% of the Fed's purchases will beyond the 10-year point - up from 10% in QE2, but in-line with QE1, and accordingly suggests 10s vs. 5s and 30s going into today's FOMC statement.