Bill Gross Tweets: "Without Central Bank Check Writing, We Only Have Ourselves To Sell To" Sends Yields Soaring
Sentiment: Strong Sell
Without or with fed buying bonds will collapse. 90 by December.
90? that isnt a collapse. 68 by dec. that is more like it. either rates are going o skyrocket, or they will not.
I assure you that they have been selling bonds prior to saying this.
they will buy your bonds once you panic and interest rates are high ( but not yet).