by silvertomars
Morgan Stanley outlines some potential buyers… replacing the top 3 will clearly be a tall order likely requiring much higher interest rates…
Good luck with that. It’s no wonder Yellen is shitting her pants now. She needs to keep selling a fuckton of new Treasuries at auction while all this is going on.
I kept telling people that the 10-year yield needs to be way over 5% right now. It’d have to be well over 6% to actually find buyers in that group.
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