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.
1 posted on
03/30/2010 10:07:28 AM PDT by
444Flyer
To: stephenjohnbanker; wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; ...
*Ping!*
2 posted on
03/30/2010 10:09:43 AM PDT by
rabscuttle385
(Live Free or Die)
To: 444Flyer
To quote that eminent theologian, The Reverand Jeremiah, “America’s chickens are coming home to roost.”
To: 444Flyer
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.
5 posted on
03/30/2010 10:12:18 AM PDT by
PGR88
(I'm so open-minded, my brains fell out.)
To: 444Flyer
T-Bills, toilet paper.....soon to be Obamacare used toilet paper...what fool in his right mind would buy it?
6 posted on
03/30/2010 10:12:50 AM PDT by
Gaffer
("Profling: The only profile I need is a chalk outline around their dead ass!")
To: 444Flyer
Incoming!
![](http://www.thefinancialphysician.com/blog/wp-content/uploads/2009/10/ShoeDropping.jpg)
7 posted on
03/30/2010 10:14:32 AM PDT by
Oceander
(The Price of Freedom is Eternal Vigilance -- Thos. Jefferson)
To: 444Flyer
![](http://incogman.files.wordpress.com/2008/09/wheelbarrow-mutilated-728910.jpg)
One loaf of bread, please.............
9 posted on
03/30/2010 10:20:51 AM PDT by
Red Badger
(Education makes people easy to lead, difficult to drive; easy to govern, but impossible to enslave.)
To: 444Flyer
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.
11 posted on
03/30/2010 10:40:15 AM PDT by
greeneyes
(Moderation in defense of your country is NO virtue. Let Freedom Ring.)
To: 444Flyer
Market should be up 200+ points on this news.
12 posted on
03/30/2010 10:47:23 AM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: 444Flyer
13 posted on
03/30/2010 11:04:12 AM PDT by
LomanBill
(Animals! The DemocRats blew up the windmill with an Acorn!)
To: 444Flyer
the canary in the coal mineI really don't believe O gets the correlation.
14 posted on
03/30/2010 11:07:35 AM PDT by
b4its2late
(A Liberal is a person who will give away everything he doesn't own.)
To: 444Flyer
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.
15 posted on
03/30/2010 11:11:07 AM PDT by
fatez
("If you're going through Hell, keep going." Winston Churchill)
To: 444Flyer
The sooner the US goes default, despite arguments to the contrary, the better off we will be.
17 posted on
03/30/2010 11:33:45 AM PDT by
cranked
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