Relevant:
- Treasuries and MBS Extend Rally Following FOMC Statement
- Fed's Effort To Roll Snowball Uphill Is Failing
- Foreign Central Banks Convert Massive Amounts of Agencies into Treasuries
- Senate Democratic Inquiry Targets Banks, Wall Street Settlements (REPEAT OFFENDER WATCH)
- Treasuries Tumble as ECB Coordinates With Fed on Bank Loans
2015-10-13 — blogspot.com
``Banks have become convinced the Fed simply isn't going to hike. So instead of waiting any longer, large banks like Wells Fargo are plowing billions of dollars into longer dated treasuries and agencies.''
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