Just a few opening thoughts.
Israel can not be pleased about the thought of Iran with Nuclear missles.
Gross' firm is weighing in on the current state of the bond market.
Heard stories that an Asian central bank bought $12 bn in US treasuries yesterday.
Add that to the $2 bn the FT said Korea bought last week. Whoever is buying, I can not see
why they are investing anywhere but the short-end. If it is Korea or Japan the duration risk just gives them more to lose if their currency intervention fails.
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