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Should We Be Alarmed That The Biggest Bond Fund In The World Has Dumped U.S. Treasury Bonds?
The Economic Collapse ^ | 3-9-2011

Posted on 03/09/2011 6:54:29 PM PST by blam

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1 posted on 03/09/2011 6:54:36 PM PST by blam
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To: blam

YES.


2 posted on 03/09/2011 6:56:03 PM PST by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: gregd0180
Many related comments on this thread:

PIMCO (biggest bond fund) Dumping All Treasuries, Bringing "Government Related" Holdings To Zero

3 posted on 03/09/2011 6:57:25 PM PST by blam
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To: blam

Only if nobody showed up to buy it from them.


4 posted on 03/09/2011 6:57:37 PM PST by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: blam

Nah, Obama said his friend is going to print more. We have no worries.

Michael Moore said, “Yea, we got debt, but we aren’t broke.” “It is like you have a car payment, having a car payment doesn’t mean your broke”


5 posted on 03/09/2011 6:59:37 PM PST by dila813
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To: blam

Obviously yes, but we are in uncharted territory here so it will be a wild ride. My personal investments are moving heavy into S. American companies.


6 posted on 03/09/2011 7:02:01 PM PST by mnehring
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To: dila813
The Coming Rout (In Stocks, Bonds, Commodities and Precious Metals)
7 posted on 03/09/2011 7:02:08 PM PST by blam
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To: blam

Alarmed: NO!!!

Panicked: YES!!!


8 posted on 03/09/2011 7:03:20 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: blam

NO

Even the worlds biggest bond fund is still only chump change in the total market for US treasuries, the US treasury bond auctions of late have been over subscribed and yields have declined.


9 posted on 03/09/2011 7:05:13 PM PST by montanajoe
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To: BobL

The Fed has been selling all the bonds now.


10 posted on 03/09/2011 7:06:11 PM PST by scooby321
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To: blam

Like, totally, like oh my God!


11 posted on 03/09/2011 7:07:11 PM PST by allmost
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To: allmost
"Like, totally, like oh my God! "

What language are you trying to speak?

12 posted on 03/09/2011 7:16:17 PM PST by blam
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To: allmost
"Like, totally, like oh my God! "

What language are you trying to speak?

13 posted on 03/09/2011 7:16:50 PM PST by blam
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To: scooby321

All this selling......... who the hell is buying all these bonds?


14 posted on 03/09/2011 7:18:31 PM PST by umgud
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To: montanajoe
Even the worlds biggest bond fund is still only chump change in the total market for US treasuries, the US treasury bond auctions of late have been over subscribed and yields have declined.

Huh? In the article above, I just read that the Fed was buying up 70% of the treasuries. Having someone magically make "money" out of thin air and buy up your debt with it hardly sounds like there is a market for said debt. Or am I misunderstanding things?

15 posted on 03/09/2011 7:20:19 PM PST by Liberty1970 (Thanking God for many blessings :-))
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To: montanajoe

True but it is only part of the story. The money center banks buy the bonds from the treasury. They flip them within days to the Federal Reserve Corporation. Without the Federal Reserve being the final buyer, the auctions would fail.


16 posted on 03/09/2011 7:22:47 PM PST by FightThePower! (Fight the powers that be!)
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To: Liberty1970
Lately the bond auctions have been over subscribed by a factor of about 3x. That means there are 3x more bidders for the bonds than there are bonds for sale. If there were no other buyers out there but the Fed that would be a concern but the fact is that the auctions attract buyers outside the Fed by a 2:1 margin
17 posted on 03/09/2011 7:28:11 PM PST by montanajoe
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To: blam
Pimco has gotten rid of all US Gubmint bonds? Even the short and intermediate term? Hmmmm....hold on a minute.

I'm looking at PIMCO Moderate Duration Fund (PMDRX) and it's still chock full of all kinds of US debt obligations.

Long term bad, I suppose, but....they haven't completely flown the coop just yet.

18 posted on 03/09/2011 7:33:55 PM PST by FlyVet
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To: blam

B4L8r


19 posted on 03/09/2011 7:35:30 PM PST by AFreeBird
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To: blam

“Like, totally, like oh my God! “
What language are you trying to speak?


It’s mercan, dude.


20 posted on 03/09/2011 7:36:57 PM PST by maine yankee
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