The US is having trouble finding buyers for its debt....although the Fed is trying to support the bond market, and lower interest rates, they are failing. $300 billion of printed money does not make it. The market rules.
*************************
May 27 (Bloomberg) -- The difference in yields between Treasury two- and 10-year notes widened to a record on concern surging sales of U.S. debt will overwhelm the Federal Reserve’s efforts to keep borrowing costs low.
No comments:
Post a Comment