tag:blogger.com,1999:blog-6616959642391988608.post1049823380555572816..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: Lots of things are getting betterScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6616959642391988608.post-39029087642122409222008-12-16T17:55:00.000-08:002008-12-16T17:55:00.000-08:00Perfect sense. Thanks.Perfect sense. Thanks.TradeNuggetshttps://www.blogger.com/profile/11121440024054042110noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30972371090659271222008-12-16T17:37:00.000-08:002008-12-16T17:37:00.000-08:00Several things happened today, so let's look at ea...Several things happened today, so let's look at each in turn.<BR/><BR/>The decline in Treasury yields was mostly a reaction to the Fed's pledge to buy bonds and drive longer maturity rates lower. The market is front-running the Fed, buying bonds before the Fed buys them. I think this is a nutty idea, since aggressive monetary policy has a high risk of generating unwanted inflation and in turn Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4978352540571209222008-12-16T14:11:00.000-08:002008-12-16T14:11:00.000-08:00Scott,Love the blog.What is your take on TIPs rall...Scott,<BR/><BR/>Love the blog.What is your take on TIPs rallying today and the 30 year Treasury bond also moving up? You would think with deflation concerns diminishing, we would see yields move up on the 30 year soon. <BR/><BR/>Are people still afraid to sell the long end because of fear over just many long term treasury securities the Fed might buy? <BR/><BR/>Some of it might be inflows into TradeNuggetshttps://www.blogger.com/profile/11121440024054042110noreply@blogger.com