SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ramsey Su who wrote (53245)2/9/2006 2:09:30 PM
From: russwinter  Read Replies (4) of 110194
 
The 30 yrs at 4.5%, isn't that a disaster?>

Not at all, for the US Treasury to get FCBs to buy all these longer dated issues at these rates, is a major victory for our beggar thy neighbor system. I don't know if it's corruption or tribute, but I'm impressed (indeed astonished) with the whole Pig Man system. So I'm wrong again, at this rate we won't have any trouble selling another trillion in highly inflated junk mortgages/corporates/Old Maid Cards this year. That way Joe Six. Bully, and Bully wannabes can freely borrow to service all his old debt, consume even more ,and have enough left over to speculate on Bubbles galore.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext