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发帖数: 3784 | 1 Investors thinking they can find both safety and yield in Treasurys are
making a dangerous bet that could begin to unravel soon, especially if the
Federal Reserve switches from its easing programs to an updated version of "
Operation Twist."
The "Twist" term refers to early 1960s-era operations wherein the central
bank sold shorter-dated securities and bought longer-dated ones, in an
effort to drive down long-term rates and spur economic growth. Some
investors are anticipating that's what Fed Chairman Ben Bernanke will
indicate in his speech from Jackson Hole, Wyo., on Friday.
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http://www.cnbc.com/id/44257393 | u********e
发帖数: 4950 | 2 I believe this is very likely to happen |
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