HO IMPARATO CHE UN UOMO HA IL DiRITTO DI GUARDARE DALL'ALTO AL BASSO....

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J MARKET TALK: Indirect Bid For 30-Yr Bond Is 32%; Direct Bid 9%
1:05 (Dow Jones) The indirect bid - a proxy for demand from foreign buyers including central banks - for the 30-year bond was 32%, compared to the average of 38.9% for the past four auctions. The direct bid, a category of bids from non-primary dealers, banks, money managers and depository institutions that have direct accounts to submit bids to the Treasury auctions, was 9%, compared to the average of 15.8% for the past four auctions. Click here to go to Dow Jones NewsPlus, a web front page
 
DJ MARKET TALK: Punch Will Run Out At QE2 Party, Eventually

1:05 (Dow Jones) Stocks and commodities have rallied ahead of the Fed's expected dive into QE2, but the run won't last, Michael Shedlock says at his Global Economic Trend Analysis blog. "We're in this mess because of overleveraged consumers, businesses, and financial institutions...You don't cure a problem caused by excessive liquidity with more liquidity," he says. "The problem isn't falling prices, but falling demand for loans." Enjoy the QE party while it lasts. "Unfortunately, it adds to the problems in the real economy, and it surely adds to the Fed's exit problems down the road," Shedlock says.
 

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