http://www.bloomberg.com/apps/news?pid=20601087&sid=a19kjdPxKPpk The next very telling phase will be when in spite of the Fed buying the long end with fabricated money....interest rates increase as well....
........................................................ This is the problem with previous low rate policies.... Relatively small upward moves create havoc for the levered bank positions.... http://www.ft.com/cms/bfba2c48-5588...c.html?_i_referralObject=5453086&fromSearch=n Low....but not low....