Supply/demand don't move T-Bond prices anymore.Quote from el pollo:
You are really a troll!
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2010/February+2010+Gross+Ring+of+Fire.htm
However, if these assets were priced lower, the economy will be even worse.Quote from JamesVU2000:
the fed seems to think if it can just manipulate prices to some desired level that everything will be fine. unemployment will come down, houses go up. etc.
Unfortunately nothing has happened except risk assets becoming massively overpriced.