This Is How Much QE Matters…

Right, so 10Y yields are all anyone wants to talk about. In fact, you've probably heard so much about Treasury yields this week that you're about to click out of this post right now (just admit it). But wait! Because we're not going to talk about what levels are "key" here. We're not going to talk about "resistance" or "support" and we're not going to do any tea leaf reading. They'll be plenty of opportunities for that next week, we're sure of it. Besides, if what you want to do with your S