View Single Post
  #5   Report Post  
Posted to
[email protected] is offline
external usenet poster
Posts: 14,141
Default Central banks are dumping America's debt at a record pace.

On Tue, 17 May 2016 11:19:31 -0700, Taxed and Spent

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:

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.

I suppose the fed will just print more money and buy them back like
they did the other $4.5 trillion since 2008.