[cgbg]

The way those auctions work is that the highest bidder determines the price for all bonds (weird but that is how they do it).

The international and domestic market will determine that rate.

No clue what those numbers will look like—six months these days is like forever in the markets.

[Chgogal]

My point is, if the Fed Rate is low who will buy $1.6 Trillion of Bonds?

[Chgogal]

Tje Chinese ans Japanese aren’t in the market now, why would they be in with lower rates?

[TexasGator]

“The way those auctions work is that the highest bidder determines the price for all bonds (weird but that is how they do it).”

The highest bidder that gets an allotment.

[cuban leaf]

The way those auctions work is that the highest bidder determines the price for all bonds (weird but that is how they do it).

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That’s kinda how they do it at normal auctions as well. If they have four of an item and they say you are bidding on one, once someone wins the bid, they ask them if they want all four. If not, they ask who else wants any of the others at that price.

If there are no takers, however, they restart on the remaining unclaimed pieces. I suppose that in a way that happens here too. If nobody else buys, well, they need to adjust the price somehow.😉

[Chgogal]

https://usawatchdog.com/biden-still-at-9-or-less-left-kills-x-economic-warning-signs/

“ The economic warning signs keep flashing bright red. Two big warning signs on the road to financial perdition are China and other central banks continuing to buy physical gold at record amounts. The other big warning sign comes in the form of countries shunning US Treasury debt. This makes it very difficult, if not impossible, to finance our exploding debt. What could go wrong?”