Thursday, June 15, 2006

The Fed is doing its part to help this rally. It added $12 billion in overnight repurchase agreements and $7 billion for 14 days.

2 comments:

Anonymous said...

Yes, it looks like we are completely in their hands in the last couple of weeks. Anyway, should we worry that the 2Y yield is higher than the 10Y or do we stick to your book´s 3M-10Y comparison and stay long equities? Thank you and regards.
M.

Deborah said...

You are very perceptive. Stick to the book's 3M-10Y comparison and stay long or buy equities. You may want to write a book review for Amazon.com. Best regards, Deb