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jbog

08/27/10 9:28 AM

#102702 RE: ilpapa #102699

Ilpapa,,,,,,,,

[i]Not repaying, renewing. T-Bills get rolled over, not repaid[/i]

The circumstances we were using was that we were truly in a 'Bond Bubble' whereas the result was that people were fleeing the Bond market upon it's crash.

If that were the case, I'd suspect the Fed would turn on the printing press's and be the ultimate buyer.