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To: Free Vulcan

I’d love to see a breakdown of WHO is buying them...if it’s the Fed, then they are just blowing up the bubble.


3 posted on 08/09/2011 10:51:13 AM PDT by demsux (Obama: THE job destroyer)
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To: demsux

The article give some general breakdown, no specific players though.


5 posted on 08/09/2011 10:53:38 AM PDT by Free Vulcan (Obama/Biden '12: No hope and chump change.)
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To: demsux
I’d love to see a breakdown of WHO is buying them

Exactly. The 10 year closed LOWER yesterday than last Thursday. (Although lender rates went UP today!)

What's going on? I'd say the US government is urinating in it's own backyard.

8 posted on 08/09/2011 10:55:26 AM PDT by moovova (Our country, AAA. Our credit rating, AA+. Our president, FF-.)
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To: demsux
The regular citizen living in this great country sold their stock this week as they witnessed their savings tank in front of their eyes.
Today the rich are buying up the bargains.

I refuse to participate in this madness anymore and watch my savings disappear into a wisp of smoke.
Wall Street is Los Vegas and if anyone is putting their life savings into it ...oh well.

12 posted on 08/09/2011 11:01:59 AM PDT by lucky american (I'm tired.)
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To: demsux

It looks like foreign central bankers bought 47.9% and the other 41% is unaccounted for. Does the FED have a quid pro quo agreement with foreign central bankers to buy US bonds and the FED will buy foreign bonds?

Anything is possible when the fox is guarding the hen house.

NEW YORK (MarketWatch) — The Treasury Department sold $32 billion in 3-year notes Tuesday at a yield of 0.5%, the lowest yield ever for the maturity. Bidders offered to buy 3.29 times the amount of debt sold, close to the average of 3.25 times at the last four auctions of 3-year notes, all for the same amount. Indirect bidders, a group that includes foreign central banks, bought 47.9% of the auction, the highest proportion since May 2010 and compared to 34.1% on average. Direct bidders, a group that include domestic money managers, purchased another 11.1%, versus an average of 12.5%. After the auction, the broader bond market remained under pressure ahead of the Federal Reserve’s policy statement. Yields on 10-year notes , which move inversely to prices, rose 5 basis points to 2.37%.


16 posted on 08/09/2011 11:05:58 AM PDT by Presbyterian Reporter
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