FastSaying
As an individual investor, you're basically lending to the government for an additional 30 years compared to the 10-year note, but getting no extra risk premium. That being said, there will be structural demand for the new bond.
Adam Brown
Miscellaneous
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Our feeling is that this is his first meeting (as chairman of the Federal Open Market Committee) and ... we would be very surprised if he says anything that deviates from the party line -- he will be careful not to roil the markets but leave enough room for the Fed to do whatever it is going to do.
— Adam Brown
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— Adam Brown
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