The US treasury market reaches breaking point

Euromoney ^ | Nov 25th | Helen Avery

[djf]

Ummm... this is pretty serious, FTD's in the treasury realm could evaporate the whole system.

FTD's amount to YET MORE COUNTERFEITING by the shysters!

[steve86]

People were left literally breathless by this week’s action in the Treasury Market. Some nearly came to blows as well. If you watched the hi-strung discussions between Rick Santelli vs. Steve Liesman you know what I mean.

[mukraker]

This ties in with the reasons why the "$700 billion" bailout bill swelled to more than $7.5 Trillion.

The Federal Reserve’s international creditors, the ones that have been financing America’s $10 trillion national debt, called in their loans, a move that threatened the very solvency of the U.S. dollar.

[Moonman62]

For now, treasury yields are at record lows across the term structure as investors with cash to invest conclude that they can trust no one else with their money. But investors must wonder at what point the expanded supply of government debt and its use will make the borrower inherently less creditworthy.

LOL. The contradiction is priceless.

[djf]

If the Treasury market fails, the dollar will be on the table, no sinusoid rhythm at all, with the guy standing over him holding the paddles.

He's dead, Jim

[DoughtyOne]

“Might” figures heavily in this article. It’s from a European source and I wonder how much wishful/fearful thinking is driving this.

[djf]

http://www.youtube.com/watch?v=qJQwHwP0ojI

[berdie]

later

[djf]

Of course we wonder about the motivations of the Europeans.

But then I wonder about the truthfullness of the Fed.

They got ya coming or going!!

They used to throw people in jail for selling snake oil.
Now they get promotions and bonuses.

[Vince Ferrer]

Do you have a link for that?

[dalereed]

“Could US pension funds bail us out with some incentive?”

They should be next to wortless in another 6 months.

[HardStarboard]

>>>Could US pension funds bail us out with some incentive? <<<

The pension funds invested in the market just like everyone else....they are lucky if they have enough to cover current requirements....let alone the babyboom retirement bubble coming up.

[steve86]

I don’t have the link for the latest one. It was quite the gunslinger video with Rick even doing a pirouette at the end. I know that if you search YouTube for “Rick Santelli” you will see lots of them, but I don’t know how to identify the latest (except by scanning through the dates).

[STARWISE]

Was given this link today. Initially, I thought this guy must be over the edge, but I did get anxious .. it’s so shocking, dramatic and drastic. Now I wonder, especially after the report of the Nat’l Guard being deployed to cities.. am I nuts or is he? Lord, save us.

http://www.youtube.com/watch?v=VG0fu2YXeKA

Related:

December 5, 2008
Assessing Plans to Deploy U.S. Military on the Homeland Security Front

http://www.heritage.org/Research/HomelandSecurity/wm2156.cfm

[DoughtyOne]

I know what you mean. And if you make one payment to your credit cards a day late you’re paying 27-30% interest. How did that become allowable? That would seem like a loan shark implementing illegal rates to me.

[mylife]

Be ready to do for yerself. It may take a wheel barrel of money to buy a loaf of bread in the near future

[Toddsterpatriot]

The Federal Reserve’s international creditors,

The Federal Reserve doesn't borrow money.

[LucyT]

Ping.