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Who Can Solve Mysteries?

|Includes:ProShares UltraShort 20+ Year Treasury ETF (TBT)
Call me cynical or perhaps even skeptical but i do enjoy solving a good mystery when it comes to human behavior. I usually can find answers that satisfy my curiosity. However, there is one big mystery right now that I am having difficulty solving and that is, who is it, that can convince people the biggest debtor nation in history can get clever investors to buy a ten year treasury note under three percent and believe they can make money on it?
Corporate profits in the USA are getting better and many companies in the S & P 100 are raising their dividends.

So my question to all the financial mavens is... How can the USA treasury bills and notes be a safe heaven at such low yields ( two year at 0.6%, ten year under 3%) when the USA debt is at an all time high?


The Outstanding Public Debt as of 30 Jun 2010 at 04:45:33 PM GMT is:

$ 1 3 , 0 4 6 , 0 7 0 , 4 5 0 , 2 5 5 . 3 0

Disclosure: Long TBT
Stocks: TBT