"The Operation Twist rumors are picking up momentum. In several interviews this morning on Bloomberg both Jan Hatzius of Goldman Sachs and David Rosenberg of Gluskin Sheff mentioned the likelihood of an Operation Twist type QE3 coming perhaps as early as September (thanks to Ed Harrison at CW).
“Best guess for the form of action would be a sort of Operation Twist that is basically like QE – it’s purchases of long-term securities that are financed by the sale of short-term securities.”at http://pragcap.com/operation-twist-qe3-style
