Home > Main > Fed to buy about 305,000 futures in the next 72 hours

Fed to buy about 305,000 futures in the next 72 hours

December 20, 2010

I totaled up the number of futures equivalents the fed will purchase in the next few days.

 

180,000 Ten years!  That’s a lot of bling.  Maybe it is a non-event.  But I imagine a giant steamroller flattening this curve, one month out at a time.

The old saying is “buy the rumor, sell the fact”.  Is this what happened in Treasury Yields?

 

 

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