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Originally Posted by Butterfly  Quote: |
Originally Posted by bkkandrew Hmmm, the higher yeild rates on T-bills now suggest people are realising what I save been saying for some while - that that the game is up for Government debt too. Investors face the stark reality of losing their money through a FED default or their investment inflated away when the printing presses are whirring at high speed... | What a complete non-sense. If investors were expecting the Fed to default, they wouldn't accept the 0% interest rate they have now, the spread risk would be huge, and the Treasury yield on short term notes and medium term notes would be highly positive. This is not the case today. As usual, talking out of your ignorant ass. |
As usual, you can't read my post properly, can't make a coherant argument, so decide to hurl insults.
The key word in my post was 'realising', i.e. before they did not realise. Now that this realisation is setting in the spread risk is increasing and will increase from here on in.