tag:blogger.com,1999:blog-5713178645208582139.post8161526449961765740..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Too Much Focus on Interest RatesDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5713178645208582139.post-22750113801993021152010-11-28T18:17:28.296-06:002010-11-28T18:17:28.296-06:00Too much focus on milque toast monetary policy. Pe...Too much focus on milque toast monetary policy. Period.<br /><br />You should be shouting it out from the rooftops that a thorough going fiscal policy expansion, partially offset by raising taxes on the rich to satisfy the deficit terrorists, is going to get America going again.ecbnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-63767324473163779142010-11-28T05:53:03.438-06:002010-11-28T05:53:03.438-06:00david, if the Fed's quantitative easing was su...david, if the Fed's quantitative easing was supposed to bring down borrowing costs, it's not working...2, 7, 10 and 30 year auctions of Treasuries have all come in at a higher interest rates than previous to QE2...this week a $35 billion 2 Year bond came at a .52% high yield, substantially more than the previous .40%...not only are the primary dealers in treasuries front running the Fed&#rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.com