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Umm... no, it's you. It would have a massive impact on the price of treasuries world wide.
by scoofy 13y ago
Umm... no, it's you. It would have a massive impact on the price of treasuries world wide.
- fennecfoxen 13y agoNo, the Fed has unlimited buying power for Treasuries, so it could prop up the price as long as it wanted. The question is what the side effects of that would be. So perhaps I should say they can prop up the nominal price for as long as it wanted. The real price can't be manipulated so easily.