[familyop]

"There IS manipulation going on, but often what happens is unintended consequences rather than deliberate moves."

True. There's a herd running to treasuries now, so we might see more interesting future events in bonds.

[expatpat]

I wondered why the run to Treasuries, when the risk to principal is so high. Apparently, old codgers are figuring they need the income now, and principal losses are going to hurt their beneficiaries rather than themselves....