The Fed's Attention to Liquidity

I think you'll see the banks and pension funds continue to be buyers particularly as we saw an announcement of a potential raise in capital requirements for banks. Banks have been the most you know voracious buyers of treasured bills and bonds over this period of time since the Fed has launched quantitative easing. You're still going to see very healthy demand for particularly at these types of yields from the major institutions in the financial services sector insurance banking etc.