Impending US Bond Challenges: Need to Roll Over $7 Trillion Amid Diminishing Liquidity Raises Concerns.

Citizen Watch Report ^

[davikkm]

This year the US has to roll over 7 trillion USD in bonds and finance an annual deficit of around 2 trillion on top of it.

BRICS and Japan are nor going to buy US treasuries anymore.

Up to now, US bond auctions did not fail because financial institutions had enough excess reserves deposited at the federal reserve to adsorb newly issues treasuries. However, this liquidity seems to dry up rapidly.

[Shady]

This is when the Junta will come to Americans and tell them, “It is time for your savings to save the US and the Planet.

[C210N]

US Debt Clock is on this looming issue.

[Jonty30]

Lock in your mortgage for 25 years. Interest rates are on the rise.

[Steven Tyler]

However, this liquidity seems to dry up rapidly.

Unexpectedly?

[pepsionice]

If you were looking for 3 measures for a major economic collapse in the US for 2024...this is one. If no one lines up to pursue your bonds...it’s serious matter.

Makes me wonder about banking matters, and if a dozen banks are on the verge of falling apart.

[Lonesome in Massachussets]

See where this is going?

[Jaysin]

There is no doubt that the takeover of our personal assets is coming by the end of this decade.

[KarlInOhio]

Thim for the government to decide that your 401k needs to be saved from risky investments like stocks and corporate bonds and put into 100% safe Treasury bonds instead.

[Right_Wing_Madman]

This year the US has to roll over 7 trillion USD in bonds and finance an annual deficit of around 2 trillion on top of it.

There's no way the US can find buyers of $9 trillion in bonds for one year. The Fed printed $8 trillion during COVID and will probably need to print $5 to $6 trillion this year.

Trump recently said that he doesn't want to be the next Herbert Hoover, but conditions are shaping that way for the next presidential term.

[SteveH]

MMT guys know everything (or so it seems). So, what does MMT say about this situation??

[BlackbirdSST]

Trump recently said that he doesn't want to be the next Herbert Hoover, but conditions are shaping that way for the next presidential term.

This is tailor made for a slash and burn run throughout the federal.gov

[C210N]

Trump recently said that he doesn't want to be the next Herbert Hoover, but conditions are shaping that way for the next presidential term.

Quite the opposite, I'm happy to say.

[Mouton]

One would think bond rates would be rising. The opposite is happpening as they have been falling.

[Fury]

What’s the link to that document?

[C210N]

Just did a search (NOT GOOGLE, it won't come up. This from Yandex). A few right at the top, and there are many more:

This is fantastic news. It appears the citizens of the Republic of the United States of America, based on the Constitution and Bill of Rights, is no longer indebted to the service of the Corporation known as The UNITED STATES. And if so, we are no longer indebted to the taxation, any and all financial corporate agreements and demands, for on May 4, 2020, the UNITED STATES, INC. filed a Chapter 11 bankruptcy.

chapter 11 bankruptcy united states corporation case no 20-40375-KKS United States bankruptcy court northern districts of Florida Tallahassee division Tax ID # 13-6149455 4-5-2020 Decedents ss # 126-56-2303 – uses the name “Roger Allen Moore” DUNS number 040539587, 003254885 Executive office of the United States govt – WH address Trump signed President / CEO Represented by Phelps Dunbar

[Fury]

If you can’t produce a link to where you got that letter, its provenance cannot be established. I believe it is a fake. Given your history of posting fake photos and making unsubstantiated claims, it’s not an unreasonable belief.

More to come.

[cgbg]

“There’s no way the US can find buyers of $9 trillion in bonds for one year.”

There is an old joke that solves this mystery.

A man walks up to a strange woman and says:

“Will you have sex with me for a billion dollars?

She says: “For a billion dollars. You really have a billion dollars to give me. Well, OK. Let’s go back to my place.”

He says: “Now we have established what you are. All that remains to be discussed is the price.”

There are always buyers for anything—at the right price.

[C210N]

I was trying to do you a favor because you *seemed* to be asking nicely.

I drop dots, you do your own research. If I produced exactly everything that leads me to trust what I share, without you doing your own homework, it would NEVER be enough. You’d find reasons to discount it, based on your perceptions of “ Given your history of posting”.

In hindsight, I see you asked for a link disingenuously.

[Right_Wing_Madman]

There are always buyers for anything—at the right price.

T-bill rates will need to be much higher.

I remember Italy's failed bond auction back in 2012, and the ECB had to step in and buy the remaining bonds.