The Achilles Heel for Powell

Powell: The Achilles heel for powell is the foreign demand for u.s. treasuries right that if when when yellen has to go back to the market and then refill the treasury g the gga all of this there's going to be an impact on U.S. yields. He says as these next wave of treasuries auctions go by the board and the early returns on this have been good that foreign take up on the treasury returns since in the last couple weeks has been good. "It makes sense that as the yield curve i've seen so far is the Achilles heel for Powell"