Why Banks Are Rushing to Sell US Debt

720MP | Jan 10, 2013 06:28 AM ET Why Banks Are Rushing to Sell US Debt misleading headline at best

RayRock. | Jan 10, 2013 06:35 AM ET The trillion dollar coin idea will cause rampant inflation that will destroy the value of their holdings. That the administration is even considering such a foolish idea is the reason why they`re selling U.S. debt.

Jeff7112 | Jan 10, 2013 07:32 AM ET The yield on the 10-year note moved close to 2 percent from 1.7 percent in a matter of days, before paring some of its advance. You can`t even make enough to cover a normal inflation. I guess that`s what happens when you come up with the largest Ponzi scheme in this worlds history called the "Federal Reserve".

giofls | Jan 10, 2013 08:48 AM ET The headline should read "Why Banks Are Rushing To ISSUE US$ Debt" Did the 3rd grader writing headlines quit, and she had to be replace by a pre-schooler?

scottm1207 | Jan 10, 2013 09:01 AM ET "Why Banks Are Rushing to Sell US Debt " Because it`s becoming worthless.

NewDay12 | Jan 10, 2013 09:01 AM ET People are converting their assets slow but sure into hard assets due to uncertainty of inflation....we know the rich has been doing this for years with art, cars, wines, beach houses. However, I noticed the middle class is getting in the game too.....only instead of art, classic cars and beach houses the middle class is converting their cash into: Food that has a long shelf life, daily neccessities with long shelf life, "out doors equipment", clothes, ect...... This isn`t good for the future but smart for the individual but exposes everyones fear for the future of the $$$. Everyone knows eventually that the "gig" will be up..iflation will hit........the Trillion Dollar Coin is an act of desperation.......even the village idiot knows that....

mojothecatnj | Jan 10, 2013 09:30 AM ET @720MP My first thought exactly!

mtnr | Jan 10, 2013 09:37 AM ET With rates so low why would anyone want to unload a debt of an entity that carries a $17 trillion debt and is running a $1 trillion annual shortfall and is borrowing 46 cents on the dollar. I just cant understand why anyone would want to unload that.. Go figure






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Why Banks Are Rushing to Sell US Debt

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