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From: Tripps

(Rep: 95)

Date: 2012-05-21 15:56:06

Forum: Wall Street Pit - Thread #673404798

Msg #2272461 - Part 1/3 (Rec: 0)

CHINA being allowed to buy treasuries with no dealer..wow, just huge news

Pick Your Spots with Me or Mock- Your Choice

From: recolect (Rep: 87) reply to Tripps

Date: 2012-05-21 15:59:51

Forum: Wall Street Pit - Thread #673404798

Msg #2272463 - Part 2/3 (Rec: 0)

can you dumb that down a bit? implications.. g/b? Re: CHINA being allowed to buy treasuries with no dealer..wow, just huge news

Reply to Tripps - Msg #2272461 - 05/21/2012 15:56

From: Tripps

(Rep: 95) reply to recolect

Date: 2012-05-21 16:59:52

Forum: Wall Street Pit - Thread #673404798

Msg #2272473 - Part 3/3 (Rec: 0)

Re: can you dumb that down a bit? implications.. g/b? Re: CHINA being allowed to...

seems to be a big move. china will be able to buy some treasuries direct...no need for primary dealers like JPM who have front run them in the past

so looks like we are throwing china a bone to keep playing ball with our fiat

good for stability, etc

Pick Your Spots with Me or Mock- Your Choice

Reply to recolect - Msg #2272463 - 05/21/2012 15:59

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