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The Fed doesn't issue Treasuries and the zombie banks have been spending billions on bonds for a few months. David Rosenberg said last week that the total was $118 billion over the last 18 weeks. Is that what the speaker is talking about?
Forced? I doubt it. Look as if they're working hand in hand.
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11-05-09, 12:30 PM
Re: Forced to buy Treasuries?
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