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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%4:00 PM EST
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To: TobagoJack who wrote (64689)7/12/2010 10:27:03 AM
From: No Mo Mo  Read Replies (1) of 218863
 
"Those rates will steadily rise once the financial Power Elites own enough of the Treasury debt."

I must be missing some part of this progression.

If the "Power Elites" get/buy enough Treasury debt, aren't they locked in at the rate(s) at which they bought? They lose if rates rise after that point, no?
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