During WWII, the US government needed investors to buy an unprecedented amount of Treasury bonds. Commercial banks loaded up on Treasuries, which limited the amount of credit that could be granted…
April 9th, 2010 | Dan Amoss | 1 comment | ContinuedAll Posts Tagged With: "treasury bonds"
The Case for Higher Treasury Yields…and Lower REIT Prices
I’m a bear on Treasury bonds. Prices should go down and yields should go up as the creditworthiness of the US government deteriorates.
February 4th, 2010 | Dan Amoss | 2 comments | Continued
The Trouble With a Sovereign Debt Crisis
The trouble with a sovereign debt crisis is that you just never know what the tipping point is going to be. Things can be travelling along nicely with apparent stability and suddenly you find yourself in the middle of a crisis. For the last month we’ve been warning about a sovereign debt crisis in the Western Welfare states.
November 27th, 2009 | Dan Denning | 17 comments | Continued
We Can Expect More and More People to Want to Own Gold
Gold seems to be advancing towards a new milestone – $1,100. Makes us nervous. We always feel more comfortable out in the wide, open spaces…
November 9th, 2009 | Bill Bonner | 1 comment | Continued
When People Fear Inflation or a Falling Dollar They Find Refuge in Gold
Gold is also a target of greedy speculators sometimes, even when the going is good. According to a study done by the World Gold Council, you never know what gold will do.
October 5th, 2009 | Bill Bonner | 1 comment | Continued
The More Money in a Financial System the Less Each Unit is Worth
For the last 10 years, the money supply in the United States has expanded at roughly twice the rate of GDP growth. And the Fed doubled its balance sheet in just the last 18 months.
September 8th, 2009 | Bill Bonner | 1 comment | Continued
Fed Announced it Would Buy up to $300 Billion in Treasury Bonds
Stock action on Wall Street was mostly directionless. Stocks have opened lower here in Australia. But all the juicy action is in the bond market, where the Fed is getting its hands dirty again. You wouldn’t think the Fed would have to come in and support bond prices with investors wringing their hands about global growth. But the numbers tell another story.
July 7th, 2009 | Dan Denning | 4 comments | Continued
Geithner Reassures China that America Takes Financial Obligations Seriously
So Geithner is in China, hat in hand, like a major debtor called into the bank president’s office. Geithner, of course, has no choice. He has to go…and say what he has to say. He will use all the right words. He will show the appropriate seriousness…
June 3rd, 2009 | Bill Bonner | 0 comments | Continued
Largest Spike in U.S. Wholesale I/S Since 80s Recession
Wholesale I/S ratios tend to peak during recessions, with the bulk of the drawdown accomplished in the early recovery phase of the business cycle, when wholesale shipment growth revives.
April 15th, 2009 | Rob Parenteau | 0 comments | Continued
Bernanke’s Stunning Plan
“This is a very powerful and aggressive move,” said the chief economist at Bank of New York Mellon Corp., speaking with Bloomberg Television. “One of the reasons I’ve been arguing we won’t have a depression is we’ve got a Fed chairman who understands the problem and is going to come with the right diagnosis and the right medicine.”
March 23rd, 2009 | Bill Bonner | 0 comments | Continued
The Collapse of Complex Asset Values
In the name of “stimulus” and “recovery” and to supposedly correct the excesses of the market, none of the normal free market mechanisms to punish the excesses are being allowed to function. Instead of acknowledging that markets work in boom/bust cycles of progress, excess, and consolidation, today’s generation of policy leaders want to eliminate cycles to preserve their fictitious wealth and power!…
January 29th, 2009 | Dan Denning | 7 comments | Continued
One Year Treasury Bills to be Reissued by Bush Administration
Do you want to hear something totally insane? The Bush Administration is reissuing one year Treasury bills to raise money. The U.S. stopped issuing the one year bill in 2001, when the government had what looked like a surplus.
May 2nd, 2008 | Dan Denning | 0 comments | Continued
