``the black line just hit an all time high, confirming that while everyone else may be selling, the Dealers, the smartest people: those who not only get an advance notice from the Fed itself, but provide feedback on what it should do, are not only not selling, they have never owned more Treasurys than they do now... Do what they say, or do what they do?'' -- This would seem to suggest the "insiders" expect the Fed to prop up the Treasury market more than ever....

Comments: Be the first to add a comment

add a comment | go to forum thread