The world is a wash in American money and even foreign money is coming here. The government will soon charge these guys a few to buy our bonds, LOL.
Mike Norman Economics: Treasury auction 7-times oversubscribed, interest rate, ZERO!
Mike Norman Economics: Treasury auction 7-times oversubscribed, interest rate, ZERO!
Treasury auction 7-times oversubscribed, interest rate, ZERO!
Treasury just auctioned off $30 billion of bills at a rate of ZERO and it was nearly 7 times oversubscribed!!!!!!!!!
Yet they keep telling us that the deficit and debt will cause rates to spike!!
When will they wake up??
S&P, PLEASE DOWNGRADE THE US CREDIT RATING AGAIN SO THAT 10-YEAR YIELDS CAN GO TO 1%! PLEASE!!!!!!!!!!!!
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