Failure of QE

Water Cooler
#1

So as I understand it, the gist of the article is that the Riksbank has absorbed so much liquidity in Sweden’s bond market that the increases in the liquidity premium more than offset the decreases in yield from the bond purchases. Hence Sweden’s bond market is so illiquid that incremental bond buying by the central bank causes yields to rise rather than fall.

Do you agree with that interpretation? And could that same phenomena happen elsewhere where central banks have been gorging on bonds, even in admittedly deeper markets, such as Japan and the US?

Also there is a picture of a hot swedish chick

http://www.zerohedge.com/news/2015-06-25/first-time-ever-qe-has-officially-failed

#2

She’s nasty.

#3

All I wanted to see was the chick

I saw no chick :frowning:

#4

btw one of my friends told me this week that calling her a chick is offensive

i was quite offended that she was offended

i mean in London they are birds … Chicks are cuddly and cute … Well anyway