Uncle Sam Needs a Taste of His Own Medicine [View article]
They might as well try. Fear is prevalent and the flight to safety has been immense. Sooner or later the fear will lessen and bond investors will demand more yield. If the U.S. persists in rolling over short paper for the massive amounts it is now committed to borrow, it will meet much higher rates down the road. Treasury needs to try and push as much of the borrowings out on the long end as is possible.I hope it is under consideration.
On Jan 12 09:03 AM prudentinvestor wrote:
> Good point. Return of the 30-yr treasury would be welcome. Perhaps > the treasury fears it won't find many takers at ultra-low rates?
Uncle Sam Needs a Taste of His Own Medicine [View article]
On Jan 12 09:03 AM prudentinvestor wrote:
> Good point. Return of the 30-yr treasury would be welcome. Perhaps
> the treasury fears it won't find many takers at ultra-low rates?