China's Forex Reserves Drop Most On Record: What Does It Mean? Inflation Tsunami?
MishTalk
OCTOBER 8, 2015
If the Fed were to pull back, if it was to taper and eventually stop buying bonds, it's not only the absence of Fed buying that would crush the market, private buyers, particularly the leveraged speculators, why would anybody buy a 10-year treasury yielding what, 2.8%, or even a 30-year treasury at 3.9%, why would you do that?"
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