Treasurys up before auction, Bernanke testimony
Does anyone still believe this smoke & mirrors stuff?
"We remain of the opinion that inflation hawks need not worry," said T.J. Marta, chief market strategist at Marta on the Markets. "The one positive to come out of the crisis is increased flexibility on the part of the Fed, and they now have many more arrows in their quiver with which to head off inflation -- should such action be necessary."
