Re:Nobody wants U.S. Treasury bonds
by TradingPlaces on Tuesday November 28, 2023 @07:48PM
(#38453913)
I came here to say this. Rates are high because of Fed Funds expectations. Also, rates have been coming down since mid-October
https://fred.stlouisfed.org/graph/fredgraph.png?g=1bU5a
This is a terrible article from someone with no understanding of debt security markets.
Re:Nobody wants U.S. Treasury bonds
by readthenotes1 on Tuesday November 28, 2023 @07:34PM
(#38453780)
So at least the title is complete hogwash
Re:Nobody wants U.S. Treasury bonds
by jamesTee49 on Friday December 01, 2023 @09:06AM
(#38486787)
Used to be near 100% takers. Those are new debts. The old debts being sold off actively and Fed had to intervene to buy up. Things are very bad right now. Just take whatever published values especially by Uncle Sam at CCP-level type of dishonesty. Look at some properties sold price, it is stale. A lot of local governments forbid publishing of those values. Look at unemployment rate, it is basically so different to during Carter era. Carter would have been doing extremely well with today's definition. Warren hoarding 120B for the coming raids. Same with many. Expect Joe to invoke wars (maybe Iraq, or Iran or even China-Taiwan) to stimulatereal gdp).
7yr auction today: 95.3B tendered, 39.0B accepted. 2yr auction yesterday: 136.9B tendered, 54.0B accepted
20yr auction on 11/20: 41.2B tendered, 16.0B accepted
Seems like there is quite a bit of demand to me.
(edit to add 20yr)