Why did Treasuries skyrocket in August?

Discussion in 'Stock Market' started by miller, Nov 19, 2010.

  1. miller
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    miller BANNED

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    You can see the chart on the CME website.

    Do you think there will be a tight supply of Treasuries? Was there a tight supply in August? Or are the buyers of Treasuries stupid?

    What about QE2? Does Bernanke want to stiff the holders of Treasuries with worthless dollars or is he an imbecile? No one is demanding his resignation including Ron Paul.

    Keep listening to the pundits. They'll tell you what to think. Can Americans get more stupid or are they brainwashed zombies who register independent but vote for the Democrat Republican Crime Family.

    The Shays Rebellion were going to kill the bastards when they tried to foreclose on their property. Americans are moping along behind their computers just whining.
     
  2. william the wie
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    william the wie Gold Member

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    Beats hell out of me. I am just waiting for the treasury crash.
     
  3. miller
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    miller BANNED

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    134 gapers & one reply. Look at the Pimco story.
     
  4. Big Fitz
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    Big Fitz User Quit *****

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    Most US government treasury bonds were bought by the US government to artificially inflate the prices. Kinda like paying your credit card bill with your own credit card. It won't work for long if at all.
     
  5. miller
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    miller BANNED

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    Exactly right. The Fed bought $422 billion Treasuries so far but rates jumped 130 basis points because the Fed is destroying the dollar. If Bernanke isn't fired we're screwed.
     
  6. Big Fitz
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    Woo Hoo! I'd killed this thread for almost 3 months! ;)
     

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