Synthaholic
Diamond Member
I haven't talked about any Central banks. That's wholly your deflection.More negative interest rates, this time from our own Treasury:
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The crisis in Europe, the disaster in Japan, the concerns about China, and the clear faltering of the global recovery have sent investors rushing to buy the one asset they still consider safe: Treasury debt. They have become such eager customers for Treasury debt that the real rate has turned negative. That is to say, the market will actually pay us to issue 5, 7, or 10-year debt and take their money. This isnt just free money. Its better than free money. If a corporation was being offered these rates and refused to take them, the board of directors would fire the CEO..
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Just how many institutions will make Todd look like a fool? We have three so far . . .![]()
How many times will Synth show he doesn't know what a Central bank is.....too many to count so far.