With the stock market increase within the past six months I originally thought equanimity was coming to the financial markets however with the recent March 11th 9.0 magnitude Japanese earthquake and tsunamis we have word that the G-7 intervened to halt the extraordinary rise in the yen. In wondered how our Treasuries would behave to the news. Below I grabbed a screen shot from yahoo finance of the 10 year T-Note and things weren’t looking great starting the week.
Then, I took an excerpt from Barry Ritholtz’s blog (http://www.ritholtz.com/blog/) whom I visit every day and noticed he posted a note about how the largest Bond manager Bill Gross dumped some a lot of his treasury holdings and asked my who has actually bought the treasuries as of recently. Well take a look for yourself:
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