Check this site out: http://www.financialsense.com/contributors/michael-shedlock/trends-in-interest-rates-on-national
Here is the money quote:
“Currency Crisis Coming
“If you get the idea a crisis of some sort is coming, fueled by out-of-control deficit spending as well as the Fed’s ridiculous “Operation Twist Policy,” then you get the right idea.
“The Fed ought to be selling long-term bonds at these rates, locking in financing at attractive rates, not buying those bonds hoping to drive yields still lower.
“Of course, that latter statement assumes there should be a Fed or deficit spending in the first place, neither of which I believe.”
They can’t sell em at the current low rates because no one wants the worthless trash littering up their studies/accounts.
(venting complete)