Quote from Pa(b)st Prime:
First off: Paulson is the TREASURY Secretary. He isn't the Fed chairman. You know what market Paulson heads? The market that is making ALL TIME HIGHS!
Pabst, your logic escapes me.
I hope you aren't "cheerleading" the fact that the 30 year, 10 year, and 2 year T-Bonds spiked in price yesterday with yields hitting all-time lows - - - not too mention the fact that 1-year Bills were trading at a ZERO yield. That would not be something I would want to be proud of . . . for obvious reasons.