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Taxed and Spent Taxed and Spent is offline
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Default Central banks are dumping America's debt at a record pace.

On 5/17/2016 10:57 AM, burfordTjustice wrote:
On Tue, 17 May 2016 10:54:10 -0700
Taxed and Spent wrote:

On 5/17/2016 10:22 AM, burfordTjustice wrote:
http://money.cnn.com/2016/05/16/news...ury/index.html


somebody must be buying


Deeply discounted.
Haven't you ever brought some ones debt?


If anything, demand is still high for U.S. Treasury bonds -- it's just
coming from private investors. The yield on a typical 10-year bond is
just 1.76%, which is very low.

"While central banks may be selling Treasuries to support their
currencies, investors seek the safety of Treasuries at the same time,"
says Jeff Kleintop, chief global investment strategist at Charles Schwab.