Helicopter Ben Pulls Out Bazooka
Helicopter Ben Pulls Out Bazooka (flag)
globaleconomicanalysis.blogspot.com — Treasuries staged yet another massive rally today as Helicopter Ben imitates Paulson and pulls out his own bazooka. Inquiring minds are noting that Treasury Yields Drop to Record Lows as Bernanke Cites Buybacks . Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. ...
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Fed has Option to Buy Treasuries on Open Market
EconomPic — ... quantities,” Bernanke said. “This approach might influence the yields on these securities, thus helping to spur aggregate demand.” Treasury prices rose on Bernanke’s remarks, with yields on 10-year Treasuries tumbling 25 basis points to a record low of 2.67 percent at 2:31 p.m. in New York, according to BGCantor Market Data. The yield was the lowest since daily Fed records started in 1962 and the least since 1955 as measured on a monthly basis. Mish summarizes it best: The bazooka is loaded and the helicopter drop has begun. ...

100-Year Treasuries Really Bad Idea
Minyanville — ... and Helicopter Ben Pulls Out Bazooka for more on Bernanke's efforts to force down long-term rates after having run out of room to lower the short end of the curve. New Jersey Insolvent Over Pension Plans Consider: The ...

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