Relevant:
- By The Time Operation Twist 1 Is Over, The Fed Will Have Quietly Completed 40% Of Operation Twist 2 As Well
- Bill Gross Predicts QE3 and Operation Mortgage Twist
- After Twist, What Is the Fed's Next Move?
- Operation Twist Is Coming To An End: A Preview Of The Market Response
- Markets Miss The Point As The FOMC Doubles Down On QE3
2011-09-24 — blogspot.com
``... much of this trade was front-run. Nearly everyone assumed the Fed would announce Operation Twist, so now we are in a potential "sell the news" situation. If so, it may have started today. However, the global economy is fading fast. That is supportive of more government bond purchases as a safe haven.''
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