Quote from Martinghoul:
I am told that most of the accepted offers in this first reverse auction were from fast money. IMHO, once these guys take profit on a nice short-term spike they've done so well on, the other investors won't be as happy to fill the BoE's bids.
Aren´t we all spiking for some "fast" money ?
I think, there is more to come with regards to quantitative easing. This is just a "teaser"...