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A comment on 1 Mo. Treasury Jumps from 10 to 27 bps in 7 days. Parent comment

Re:1 Mo. Treasury Jumps from 10 to 27 bps in 7 days by apaprocki on Tuesday October 08, 2013 @08:13PM (#6518725)
I thought this article (disclaimer: same parent) summed up a lot of the what-if fear circulating around in terms that everyone can understand:

http://www.bloomberg.com/news/2013-10-07/a-u-s-default-seen-...

Curious how likely you feel some of these possible outcomes are..

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Re:1 Mo. Treasury Jumps from 10 to 27 bps in 7 days by coldcode on Tuesday October 08, 2013 @09:17PM (#6518932)
The worst thing about this is that no one actually knows what will happen. People who say it's not a big deal are like a blind man standing in the middle of the freeway: nothing can possibly go wrong.
[ Parent | on HN ]