We were talking about EO11110, not what you are talking about. Your points are nonsense, nonetheless - but I'm curious - why are all Treasury...
How is this? Are we just making things up now? I'm pretty sure double jeopardy is an established legal concept in italy.
Whatever dude - the history of that particular piece of executive order and the law that it implements is well documented. Instead of telling to...
So.... your evidence for this is that the market did something which you believe it should not have if mutual fund managers were intelligent?...
This is so utterly stupid. Before EO 11110, the treasury could issue silver certs with instruction from the president. Post EO 11110, the treasury...
Assuming you are talking about the long bond future: At 0% yield the CTD of the long bond future should be the T 6 5/8 2/27, which pricing at...
Ah - common sense - the basis upon which we should be making all decisions. Already then - carry on.
Is there some sort of logical leap here that needs to be made?
If DoesItBlend(x=stock) THEN BUY ELSE SELL
People should really stop 'feeling' their way through basic economics and read a reputable 101 introduction text book.
Bond price did increase instantaneously. Don't think anyone is disputing here that QE isn't exactly a resounding success.
Okay. There you go again. We were talking about competitive bids for QE targetted bonds - and now you are somehow switching the conversation to...
WTF? What are you talking about? bond prices rose from when QE was anticipated to announced in all instances.
(1) It's a competitive bid. (The Fed does the same thing, btw; the results of the reverse auctions, prices, volume, etc are all posted). It's the...
This is the extent of your ignorance of the subject matter: QE doesn't give a specified money to some specified bank. It's not how it works....
And more this gets twisted into some tortured avenue of logic - the British Navy also had its roots in the private sector - where merchantmen were...
Wouldn't it be more fair to say that martingoul has a less abstract, more physical understanding of a central bank? since, as a bond trader, the...
DUDE - I'm on YOUR side - monetization of debt is a BAD thing - with capital B. A. D. Don't attack me, bro.
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