Re:I Got the Fed to Release Its 2011 "Treasury Default" Play...
by ndriscoll on Tuesday November 07, 2023 @07:23PM
(#38185117)
What would that even mean though? Bonds are sold at auctions, and already sell at a price different from face value. The difference determines the yield.
You could have "no one questioning the validity" but people are still going to either not participate in the auction, or bid only for high yields.
You could have "no one questioning the validity" but people are still going to either not participate in the auction, or bid only for high yields.