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Old 04-11-2012, 05:55 AM   #1
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ZH: Treasury preparing for a surge in interest rates?

Part crystal ball and part history lesson, I thought this bit was quite interesting:

http://www.zerohedge.com/news/if-195...-get-out-dodge
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Old 04-11-2012, 08:59 AM   #2
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Me too. I might be misunderstanding that one, but the sound of new bonds for old was disturbing, Greece like, though they seemed to be saying that the trick was to preserve capital, unlike the Greek writedown.
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Old 04-11-2012, 09:39 AM   #3
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I think the idea is to preserve flow in new bond issuance during a rising rate environment.

The spice must flow.

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Old 04-11-2012, 10:33 AM   #4
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CD rate 1%, COLA per SS 2.7%. So you will have lost only 1.7%, and factor in that the 1% gain is taxable. You cant make this up.
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Old 04-11-2012, 11:10 AM   #5
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I think it is a subliminal hint to silver and gold bugs to stack and load. Believe me, when TSHTF there will be nowhere to run and nowhere to hide. I for one, plan on bunkering in and simply putting everything on hold.
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