[444Flyer]

The trigger for last week's sell-off was poor demand at Treasury auctions, linked to the passage of the Obama health care reform. Critics say it will add $1 trillion (£670bn) to America's debt over the next decade, a claim disputed fiercely by Democrats.

[rabscuttle385]

*Ping!*

[Daveinyork]

To quote that eminent theologian, The Reverand Jeremiah, “America’s chickens are coming home to roost.”

[PGR88]

30 basis points isn’t bad!

I wouldn’t loan money for more than 1 year to Uncle Sam for less than 15%. I simply don’t trust that in 10, or especially 30 years, you will get the same amount back.

[Gaffer]

T-Bills, toilet paper.....soon to be Obamacare used toilet paper...what fool in his right mind would buy it?

[Oceander]

Incoming!

[Red Badger]

One loaf of bread, please.............

[greeneyes]

Greenspan stated a few days ago that if the 10 year rate on Treasuries hits 4% that is a negative indication for the long-term economic growth.

[MeneMeneTekelUpharsin]

Market should be up 200+ points on this news.

[LomanBill]

[b4its2late]

the canary in the coal mine

I really don't believe O gets the correlation.

[fatez]

Critics say it will add $1 trillion (£670bn) to America's debt over the next decade, a claim disputed fiercely by Democrats.

The problem for the democrats is that they cannot spin this to investors. The media may buy it, the public may buy it to an extent, but investors know it is crap and no amount of spin is going to bring investors to the table.

[cranked]

The sooner the US goes default, despite arguments to the contrary, the better off we will be.