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Message: Re: Cognitive Dissonance and the $U.S.

I was having a little trouble pasting the information. The top lines are todays auction results Term /settlement/interest rate they sold at/amount

The bottom group is next weeks auction term/auction date /settlement date/amount. Interest rate is determined at the auction.

What will be very interesting is if they have any luck selling the 10 year and the 30 year in next weeks auction. This week was all short term so they probably just rolled over from past sales, if the Chinese balk at the longer terms either the dollar will suffer or they will have to start raising interest rates dramatically. Hypothetically, what would you want to tie up your money for 30 years. lol

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