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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 dustcoin on Tuesday October 08, 2013 @10:18PM (#6519079)
The truth is very likely to be much closer to what Wall Street thinks than what D.C. thinks.

Traders and investors are incentivized to assess risk correctly and make good bets, while Congress is incentivized to engage in brinkmanship and make as much political noise as possible.

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Re:1 Mo. Treasury Jumps from 10 to 27 bps in 7 days by judk on Tuesday October 08, 2013 @10:45PM (#6519153)
Traders are inscentivized to follow the herd and make big bets because when they lose they get bailed out or declare bankruptcy or (individuals) just find a new job and don't get a negative commission on losses.
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