N********n
发帖数: 8363 | 1 (zz from Seeking Alpha)
On Wednesday, the US offered $16 billion worth of 30-year Treasuries (US
debt that will mature in 30 years). Before we get into the details of how
much of a disaster the auction was, we’re going to do a brief review of how
US debt issuances work.
US Debt is issued by the US Treasury. You can bid as much as 30 days in
advance of a debt auction. When the auction actually takes place, investors
can buy directly (Direct Buyers) by buying Treasuries themselves OR they can
buy |
N********n
发帖数: 8363 | 2 It's bad enough to keep Geithner awake at night, I believe. That's why
this IMF gold sale dead horse trick pops out again just to try anything
and everything to prop up the Dollars for a little longer. |
n******n
发帖数: 12088 | 3 Why prime dealers have to buy? What if they don't?
how
investors
can
Banks
Reserve
【在 N********n 的大作中提到】
: (zz from Seeking Alpha)
: On Wednesday, the US offered $16 billion worth of 30-year Treasuries (US
: debt that will mature in 30 years). Before we get into the details of how
: much of a disaster the auction was, we’re going to do a brief review of how
: US debt issuances work.
: US Debt is issued by the US Treasury. You can bid as much as 30 days in
: advance of a debt auction. When the auction actually takes place, investors
: can buy directly (Direct Buyers) by buying Treasuries themselves OR they can
: buy
|
N********n
发帖数: 8363 | 4
If they don't then it's a failed auction that could trigger a bond market
collapse and a run on Dollars. If the bond fire sale kicks off, then the
Treasury dept. would be overwhelmed and need a bailout.
【在 n******n 的大作中提到】
: Why prime dealers have to buy? What if they don't?
:
: how
: investors
: can
: Banks
: Reserve
|
