Let’s see, China is cutting back on US debt purchases. So is Japan. And so are the big bond funds, such as PIMCO, the biggest in the world. Who will buy US bonds?
February 19th, 2010 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Treasury Department"
An Insider’s View of the Real Estate Train Wreck, Part II
The current volume of defaults is already alarming. And the volume of commercial real estate defaults is growing every month. That can only keep going for so long, and then you hit a breaking point, which I believe will come sometime in 2010.
February 17th, 2010 | David Galland | 31 comments | Continued
Two More Reasons to Sell Treasury Bonds
Two more reasons to sell US Treasury bonds: Fannie Mae and Freddie Mac.
January 20th, 2010 | Dan Amoss | 41 comments | Continued
Have the Feds Given the Economy a Miracle Drug?
Twenty years ago today…the Berlin Wall came down. This marked the end of the greatest controlled experiment in economics ever conducted. What did economists learn? Nothing…
November 10th, 2009 | Bill Bonner | 0 comments | Continued
Zombies at the Fed and the Treasury Department Try to Gnaw on Survivors’ Savings
The new movie – Zombieland – about a group of survivors in a world of zombies, was the biggest grossing film in America and Canada over the weekend. It must reflect the zeitgeist of the North American public…
October 6th, 2009 | Bill Bonner | 0 comments | Continued
China Reduces Holdings of Treasury Securities
The Obama administration announced that it expects $9 trillion in deficits over the next 10 years. One of the great mysteries of our time is: where will the money come from? As we pointed out last week, even if every dollar of US savings is applied to the task…
August 25th, 2009 | Bill Bonner | 4 comments | Continued
U.S. Bond Prices Rose and Yields Fell
Our guess is that it’s going to be 100% of GDP by the halfway point of Obama’s term as President. For this week, however, the new wave of Treasuries sent in to battle deflation, recession, and capitalism itself seem to have stemmed the advance of bond yields. Victory! Viva Obama! Viva Bernanke! Viva la deficit! Viva el dollar!
May 29th, 2009 | Dan Denning | 26 comments | Continued
