Replies to post #105467 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

>> itsn't this the kind of action that "they" would want on bonds, with big bond sales coming in this week? um, huge actually.<<

I think yesterday's bond movement is that Greenspan hinted at fears of deflation Tuesday afternoon. No, he didn't call it "deflation". He called it, "fall in inflation". He he would have uttered the "D" word the markets would have immediately crashed and he may have found it hard to intervene with enough force. My dancing around the issue he bought himself more time.

Joe