Category Archives: Treasuries
Federal Reserve
It took the federal government around 200 years to accumulate a trillion dollars in debt. Within the following decade it tripled that number, then doubled it again in just twelve years, and doubled it again in another 8 years. Overall … Continue reading
The Cycle of Debt with Carmen Reinhart
This week I had the distinct pleasure of enjoying a breakfast with Carmen Reinhart, followed by a discussion on the exceptionally high levels of sovereign and private debt in the U.S. and the Eurozone and the likely economic consequences. The … Continue reading
Wild Week For Treasuries
Treasury Bonds: Last week was quite a week for Treasuries! The yield on the 10-year Treasury note closed last Monday at 2.92%. At Friday’s close, the yield had increased to 3.32, a 40 basis point spike! Dropping the bond market jargon, … Continue reading




