Salient to Investors:
Roger Bridges at Tyndall Investment Mgmt sees no value in Treasuries – growth is not as bad as expected.
Economists expect 10-year yields at 1.77 percent at year-end and 2.06 percent by 6-30-13.
All 21 primary dealers expect the Fed to expand stimulus measures before year-end.
Guy LeBas at Janney Montgomery Scott says the latest bond-buying program may lead to higher costs in the economy, and adds a level of risk to the inflation outlook.
Read the full article at http://www.bloomberg.com/news/2012-10-25/treasuries-stay-lower-before-durable-goods-orders.html