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June 01, 2012

Comments

George

Hello Dick,

I completely agree with your analysis of the situation. My question is, why cannot 10-year note go lower than 1.47% ?

The FED is now a major buyer, who's gonna stop them from buying more? I think, the treasury bond bubble can go to insanity and beyond (higher than anybody expects), just like the recent bubbles in stocks and housing. Why stop at 1.47% ?

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