Monday, November 15, 2010

We're Not Gonna Take It!

The bond market keeps the pressure on.  The 10 year is down again so far this morning:

So far QE has been a total failure.  We are closing in on a 3% 10 year.  Mortgage rates should rise pretty sharply this week as a result.

This should be great for housing...NOT!!!

Come on Chicago...KEEP SELLING TREASURIES!!!  Put an end to QE!  Let's not take this crap anymore!!!

1 comment:

Jeff said...

Treasuries are getting pounded!

Ben's QE is now a catastrophic failure.


Thank you bond vigilantes.