Tuesday, August 2, 2011

Debt Ceiling Hike Clears Way For Treasury Sales

Deborah Levine, MarketWatch


The last-minute passage of U.S. debt legislation clears the way for the Treasury Department to announce Wednesday how much in notes and bonds it will auction next week.
The announcements, on the regular quarterly refunding of the federal debt, usually go like clockwork, with the government almost always selling the same amount of each security that bond traders expect. But a lot of nervousness had built up in the last week regarding the Treasury’s ability to conduct business as usual while waiting for lawmakers to raise the U.S. debt ceiling, which will enable the Treasury to borrow as needed to pay the government’s bills and fund programs that Congress already agreed to.
Treasury Secretary Timothy Geithner has said for weeks the department wouldn’t be able to do that past Tuesday. But a deal to raise the debt ceiling was .....

3 comments:

  1. Gold is going up due to more money printing and increase in debt.

    ReplyDelete
  2. speculative shares in the usury gods minnions an enforcers the TBTF are going up due to more money printing and increases in the national debt.
    only a sixteen trillion $ limit?

    funny!
    Bush/paulson ,obama/ geithner
    and ben officialy already sent of to the international ruling elite and foreign banksters more than that last time.
    They better print another 16 billion quickly
    ready for the next round if they do not wish to default.
    There are wars to run and troops to support you know!

    ReplyDelete
  3. hehehehehehehehheeh.

    it's me everybody, thank you all so much. We are beautifil no matter what they say. The world is one big peter pan adventure. I love you all God bless us all.


    hehehehehehe.

    I'm so drunk right now I could fuck a cucumber.

    anyways, if I recall you all mayd fun of me before I died. Then after I died you all made tribute. Well I'm up here in hehehehe world, and I'd like to thank those that bought my records and forgive those that made fun of me.

    offf to peter pans castle now.. hehehehe.

    ReplyDelete

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