3309 Drysdale Ct
Edwardsville, IL 62025
marketguy, FOMC only buying under 10 yrs, specifically in the 5-7 year range. thus 10 years on out has few buyers. that is why the yield curve is so ridiculously steep
chart to show you what I'm talking about.....POMO (ie buying bonds and not stocks) my a$$....
I didn't say they were buying them today...
not just today bud...take a look at it over the last month....
bottom line is my aching butt this pomo money is going into bonds and not equities....
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
if pomo was truly going into bonds why have rates flown up? answer: it IS all going into stocks thus the relentless move....god forbid CN"BS" point it out....
No POMO tomorrow
Posted by marketguy on 13th of Dec 2010 at 02:49 pm
POMO days
Posted by hazbin1 on 13th of Dec 2010 at 02:51 pm
marketguy, FOMC only buying under 10 yrs, specifically in the 5-7 year range. thus 10 years on out has few buyers. that is why the yield curve is so ridiculously steep
incorrect my friend....take a look at IEI...getting crushed as well....
Posted by marketguy on 13th of Dec 2010 at 02:55 pm
Title: POMO chart to show you
Posted by marketguy on 14th of Dec 2010 at 07:24 am
chart to show you what I'm talking about.....POMO (ie buying bonds and not stocks) my a$$....
POMO days
Posted by hazbin1 on 13th of Dec 2010 at 02:58 pm
I didn't say they were buying them today...
not just today bud...take a
Posted by marketguy on 13th of Dec 2010 at 04:53 pm
not just today bud...take a look at it over the last month....
bottom line is my aching butt this pomo money is going into bonds and not equities....