With bonds going for a premium of 5.5% in a recent $10 billion TIPS auction, it is clear that the expectation for rising prices is firmly cemented in the financial community's psyche. That companies are able to sell 50-year and 100-year bonds, however, suggests there may be more to it than the conventional wisdom around the Fed's itch to "stimulate" the economy through the money supply.
Micro-Blog News Digest for thetroglodyte.com - Things that Catch the Eye from the View of the Cave
