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Ducati74

10/28/16 11:44 PM

#31459 RE: Elmer Phud #31456

I think that is a great question....mainly because I cant answer it.

I get your "debt purchase" I assume via bonds/Treasuries

Ultimately, I think we would be on the hook for the whole nine yards....

But again its more complex that that.

The following is the best representation of the issue (Its tough!)

[url]https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124
[/url][tag]insert-text-here[/tag]

Either way, we are both smarter for reading it

I thought we were all in or all out, not able to pick and choose Rates/Disperments

Cheers!

Ducati

jt6455

10/30/16 7:40 AM

#31461 RE: Elmer Phud #31456

I think the latest SEC approval to move money market accounts invested in municipal bonds to Treasuries is going to take care of that. Someone has to pile on to the long end of the curve otherwise she's going to invert

That's not good for anyone