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Inflation worries weigh on EM & risk overall while 10yr UST auction sees massive foreign participation
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10yr UST auction sees massive foreign participation
Prove it. There's only one bald ass bastard buying that shit.
Perhaps its a pre-arranged quid pro quo...jump on the 10y and we'll be there for you with liquidity swaps when the periphery goes nuclear?
tell benbernanake this : what goes up cannot continue going up... except with more QE. Dole it out the Benbernankification.
Bernank will be the only sucker for the 100Yr T ...that's a long time to suck on a dumb nut !