Dow Jones
- Thread starter JLM
- Start date
Trump sure does thrive on anarchy.
http://www.bbc.co.uk/news/world-us-canada-45226228
Surprising and blind-siding investors is right up his alley.
http://www.bbc.co.uk/news/world-us-canada-45226228
Surprising and blind-siding investors is right up his alley.
The U.S. government has been issuing more debt, but it’s not getting more foreign buyers in the door. As a result, U.S. investors have so far financed all of this year’s increase in the federal government’s borrowing.
Foreign holdings of the debt have remained essentially flat, though the government’s borrowing has risen by $500 billion, giving foreign investors the smallest share of U.S. government debt since 2003. Even as yields on Treasury securities have risen to multiyear highs, foreign demand for debt at government bond auctions has slowed to the weakest level since 2008.
https://www.wsj.com/articles/fundin...nt-that-means-domestic-bond-buyers-1534507201
The Fed can simply monetize the debt, if enough suckers/bond buyers can’t be found.
https://www.thebalance.com/how-is-the-fed-monetizing-debt-3306126
This is similar to check kiting.
https://en.wikipedia.org/wiki/Check_kiting
But since it involves trillions of dollars, they came up with a more innocuous sounding term for the practice: Open Market Operations.
https://www.thebalance.com/open-market-operations-3306121
Foreign holdings of the debt have remained essentially flat, though the government’s borrowing has risen by $500 billion, giving foreign investors the smallest share of U.S. government debt since 2003. Even as yields on Treasury securities have risen to multiyear highs, foreign demand for debt at government bond auctions has slowed to the weakest level since 2008.
https://www.wsj.com/articles/fundin...nt-that-means-domestic-bond-buyers-1534507201
The Fed can simply monetize the debt, if enough suckers/bond buyers can’t be found.
https://www.thebalance.com/how-is-the-fed-monetizing-debt-3306126
This is similar to check kiting.
https://en.wikipedia.org/wiki/Check_kiting
But since it involves trillions of dollars, they came up with a more innocuous sounding term for the practice: Open Market Operations.
https://www.thebalance.com/open-market-operations-3306121
To a point, but you don't want to look stupid in your 80s should you or the wife have a medical emergency
