Badgolfer

U.S. Treasuries: Not a 'Risk-Free Asset'

5. It's stated that U.S.Treasuries cannot be called.I seem to remember that some 30 year Treasuries can be called under certain circumstances but never have been because of the expected reaction.
Nothing prevents the Treasury from "buying in" Treasury bonds and shifting its interest cost to lower current borrowed funds.However,done on a large scale,the bondholder is sure to get an additional premium from the market,albeit,the rest of us paying somehow.
Enjoyed the analysis.