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Unpleasant Surprise – Professional Edition Fed Report

Light Treasury supply and Fed buying have buoyed the bond market, and because of that lack of supply the stock market was able to come back some on Tuesday. Monday and Tuesday’s Treasury auctions saw a big jump in the indirect bid and bid/cover ratios, thanks to the light supply, but that will be short lived. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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