Gus Van Horn blog Posted June 15, 2013 Report Share Posted June 15, 2013 "It's not QEs that are keeping T-Bond yields down but rather the Fed's ZIRP (zero-interest-rate-policy), which invites bond traders to profit by borrowing cheaply in the short term and investing longer term at higher yields." -- <b>Richard Salsman</b>, in "<a href="http://www.forbes.com/sites/richardsalsman/2013/06/13/the-feds-qe-schemes-have-raised-not-lowered-t-bond-yields/">The Fed's QE Schemes have Raised, not Lowered, T-Bond Yields</a>" at <i>Forbes</i><br /><br />"There's a difference between abandoning what's important simply because the going gets tough, versus realizing that what you're seeking just isn't going to happen." -- <b>Michael Hurd</b>, in "<a href="http://www.drhurd.com/index.php/Life-s-a-Beach/Published-Columns/Don-t-Be-a-Quitter-Valid-or-Not.html">'Don't be a Quitter' -- Valid or Not?</a>" at <i>DrHurd.com</i><br /><br />"n many states a microbrewer is forced to use a third-party distributor to take a few cases of beer to a convenience store down the street..." -- <b>Doug Altner</b>, in "<a href="http://politix.topix.com/homepage/6493-why-delivering-beer-isnt-easy">Why Delivering Beer Isn't Easy</a>" at <i>Politix</i><br /><br />-- CAV Link to Original Quote Link to comment Share on other sites More sharing options...
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