David Greenlaw's Executive-Branch Only Stimulus
Time for QE III, IV, V, and VI

Peter Boockvar: Everybody Wants Ten-Year Treasuries


Treasury selling 10 yr paper like hot cakes: The 10 yr auction was solid with a yield of 2.14% well below the when issued range of 2.18-2.19% and the bid to cover of 3.22.... [D]irect and indirect bidders took the most since Feb. This auction follows the very good 3 yr note auction yesterday.... As I mentioned yesterday, the bond market has conducted QE3 for the Fed with the dramatic drop in yields...