the Federal Reserve now owns more than 45% of all Treasuries greater
than 10 years to maturity. Those looking for long term yields to
normalize will need to contend with this dearth of supply, in addition
to the unusual demand coming from overseas.
http://www.thestreet.com/story/13031842/1/4-things-that-will-happen-when-the-fed-raises-interest-rates.html
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