define('DISALLOW_FILE_EDIT', true); define('DISALLOW_FILE_MODS', true); Comments on: “I heard you missed us. We’re back!” backhand smashes https://norunnyeggs.com/2011/06/i-heard-you-missed-us-were-back-backhand-smashes/ The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think. Mon, 06 Jun 2011 21:01:35 +0000 hourly 1 https://wordpress.org/?v=6.9 By: steveegg https://norunnyeggs.com/2011/06/i-heard-you-missed-us-were-back-backhand-smashes/comment-page-1/#comment-39520 Mon, 06 Jun 2011 21:01:35 +0000 https://norunnyeggs.com/?p=10884#comment-39520 In reply to J. Strupp.

It is hard to see exactly where they moved the money after inflating then deflating the T-bill market given the limited tools I dug up on very short notice. What we do know is that they continued to increase Treasury holdings until October, then backed off a bit.

I wouldn’t be on the long-term end of Treasury securities, either on TIPS or on traditional T-bonds/T-notes. Hell, I wouldn’t be on the short-term end right now because Clubber Lang was right on his prediction of pain.

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By: J. Strupp https://norunnyeggs.com/2011/06/i-heard-you-missed-us-were-back-backhand-smashes/comment-page-1/#comment-39519 Mon, 06 Jun 2011 20:45:36 +0000 https://norunnyeggs.com/?p=10884#comment-39519 I’m sure that the Chicoms moved most of their T-Bill portfolio to TIPS. No way they’d be looking to the medium/long end of the curve considering all of this runaway inflation going on.

No chance.

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