Further evidence of more QE to come.
listen to Bernake's clip.. http://money.cnn.com/2010/10/13/mark...oogle_business
Rightly or Wrongly.. They just want to keep up the expansionary environment. Expect further Fed purchases.
None of this was happening in late 70's and 80's. Plenty of articles out there saying the US will have a problem dealing with the debt.. they have no choice but to monetize. I would if I were them. Other wise government services such as welfare would grind to a halt etc. They locked into this pattern with no way out.
Game changer needed. Wishfull thinking.