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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (68355)1/21/2004 10:52:38 PM
From: Bid Buster  Read Replies (1) | Respond to of 94695
 
That was discussed on the cfz a couple of days ago...no default...those bonds had a 25 year call in option..and the treasury is smart to swap high interest debt for low interest debt...Even better would be to pay down the debt, but at this time the only way is to print more money -ng-