Dear Helicopter Ben and your cronies, (Bill Gross)
Thanks for making the long end of the curve almost untradable I really appreaciate your skill in artificially keeping interest rates low by QE and mortgage purchases and not letting the mkt do what it wants. In the end you will cause a big mess. I might switch to trading gold for a while.
sincerely,
invertedCurve
P.S. mkts manipulated by big money can only be for so long; history has shown as such and as a "financial historian" you should know this. Keep helping the banks and it will be your ruin as other asset bubbles will rear their ugly head. I guess you have to pay back PIMCO for buying Freddie and Fannie paper when the world was ending a couple of years ago, I get it.