SeekingTruth

There is Some Place to Hide in This Gloomy Market- Cautiously

Why not lower the rates? With rates lower than inflation, and the dollar strengthening ,it represents "free" money to the Treasury as long as others are willing to buy the ever increasing debt. So far, the ruse is working ---for now, but for how long? Even the paltry rates that they pay are recaptured through taxation. I am afraid the Treasury is living in another Alice in Wonderland dream world, and the wake up call from the rest of the world is going to be most unpleasant for us all, but esp. to bond holders of all types, Treasuries included..