[ForGod'sSake]

Some awfully large numbers you're tossing around. Are you convinced they're accurate?

48% of 7-Yr Fed Notes were bought back after a few days recently. That’s a whirlpool if ever there was one.

Let me make sure I'm following. The federales essentially recalled 48% of an offering in the open market for lack of interest(no pun intended)? THAT is scary if true.

[combat_boots]

Here’s a link to various articles on the Fed’s ‘after buy’ of 7-Yr notes:

http://wallstreetblips.dailyradar.com/story/7_year_the_fed_buys_last_weeks_treasury_notes_aug_6/

(Link to Denninger’s articled at this link, too, on inherent monetization going on)