[lbo-talk] Quantitative Easing

[michael perelman]

But bondholders are likely to try to get out of the bonds ASAP to lock
in those capital gains.  The proceeds can be used for speculation.

On Sun, Nov 28, 2010 at 5:58 AM, Marv Gandall <marvgand at gmail.com> wrote:
> Huh? When bond rates fall, it typically results in capital gains as the value of bond portfolios rise. Prices move inversely to yields.
-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

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