Tag Archives: treasuries
When Return Of Your Money Beats Return On Your Money
Wild absurdities are taking place in the debt markets these days. Near impossibilities like negative real interest rates are going on at this very moment. We blink our eyes with disbelief…but sure enough, the price for money banks are paying … Continue reading
Debt Default
There’s something both amazing and astounding going on. Last month, Standard & Poor’s lowered its long-term outlook for the federal government’s fiscal health from “stable” to “negative.” Since then yields on 10-Year Treasury Notes have dropped 18 basis points. Here … Continue reading
Something to Believe In
Something to Believe In “Congress is going to have to raise the debt limit,” said Treasury Secretary Timothy Geithner on Sunday’s Meet the Press. Poor Timothy Geithner. Aside from the President he must have the worst job in the world. … Continue reading
The Powers of Nature
We greeted the news Friday night with the lethargic disappointment that comes with a second helping of cheese cake. We’d longed for a government shutdown…and to see the army of beltway administrators without a purpose in life come Monday. Instead … Continue reading
