Pimco just increased their holdings of government debt to some of the largest amount that they ever held. Maybe they are expecting a government debt rally? There is obviously deflation fears still because the Fed is not easing, but I can’t see the markets have a big jolt reaction unless officials actually begin saying so. Which right now…officials don’t seem to really want to tell it like it is.
UN:F [1.8.5_1061]
please wait...
Rating: 0.0/5 (0 votes cast)
# 23 September 2009 at 4:34 PM
teomax said:
but the FED bought around 50 percent of T-bill issuance in 2Q, so i wouldnt be surprise to see rates manipulated down as its intention of QE.
Pimco just increased their holdings of government debt to some of the largest amount that they ever held. Maybe they are expecting a government debt rally? There is obviously deflation fears still because the Fed is not easing, but I can’t see the markets have a big jolt reaction unless officials actually begin saying so. Which right now…officials don’t seem to really want to tell it like it is.
but the FED bought around 50 percent of T-bill issuance in 2Q, so i wouldnt be surprise to see rates manipulated down as its intention of QE.
MARKET QUOTES
THIS WEEKS MOST POPULAR STORIES
MARKET NEWS