To: atomic_dog
implying investors are willing to pay the government to own its debt That sorry state of affairs cannot possible last.
People invest in any instrument to make money. Not lose it. Sure, a few people will do a little of this to get the capital loss tax write off, but that'll be small potatoes.
3 posted on
10/25/2010 2:23:03 PM PDT by
clee1
(We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
To: clee1; atomic_dog
Either that, or investors are gambling the US is headed for significant deflation.
7 posted on
10/25/2010 2:34:53 PM PDT by
stylin_geek
(Never underestimate the power of government to distort markets)
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