Chinese Apparatchiks miss the liquidity bonanza, once again

Reports are circulating that there has been massive buying of Treasuries out of the Middle East this morning following the NFP report. The buying has been across the curve, with large concentrations in the 2-5yr sectors. Now that's a safe haven trade from the countries causing the stress in the first place. Zero Hedge from an unattributed bond trader

Yep, one look at the Treasury curve confirms. Almost enough to make an Irish banker start a fund.