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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (2358)10/31/2001 3:27:47 PM
From: Sam  Respond to of 99280
 
re: "The Treasury announced today that it would suspend future auctions of 30-year bonds."

If inflation comes back while we are running deficits, then having only short term debt will cause the debt and deficits to balloon wildly. Plus insurance companies and some other financial companies with long term obligations like 30 year Treasuries, they really won't like this.