[borg5575]

The appointment of six RINO’s to the so-called super committee today is a slap in the face to the Tea Party. When are we going to realize that these Republican establishment types are just as bad as the Democrats? The fix is in. Contrary to what McConnell says now, I predict that the GOP members of this so-called super committee will roll over and sign off on tax increases. They will probably call it something else like revenue enhancements but it will be tax increases. And when all is said and done there will be no meaningful reduction in either the budget deficit or the national debt. Both will continue to grow albeit at possibly a slightly slower pace.

[CPT Clay]

So the Treasury was able to auction off 24Billion for 2.14?

Am I reading this right?

Tendered Accepted
Competitive $77,291,100,000 $23,909,666,600
Noncompetitive $40,387,100 $40,387,100
FIMA (Noncompetitive) $50,000,000 $50,000,000
Subtotal4 $77,381,487,100 $24,000,053,7005
SOMA $734,892,600 $734,892,600
Total $78,116,379,700 $24,734,946,300

[pallis]

Keep borrowing, spending, getting buried in debt, destroying the economy, and blame the messenger that tells you to stop the foolishness.

[Alberta's Child]

If ten-year notes are auctioning at only 2.14% and S&P has downgraded the credit rating of the U.S. government, then what does this say about other alternatives in the bond market?!

[dila813]

How bout a link: http://www.bloomberg.com/news/2011-08-10/treasuries-rally-as-10-year-note-auction-produces-record-low-yield-in-sale.html

[demsux]

Treasuries bubble

[dead]

As the stench of national bankruptcy rises, the Democrats are down to the "he who smelt it dealt it" defense.