Nobody wants US bonds

[thecrazyone]

https://www.semafor.com/article/11/28/2 ... sury-bonds

[68Camaro]

The sages of yesteryear predicted (10 or 20 or more years ago) that the day would come when they (the Fed) would need to sell but no one would buy, and it looks like we are almost there. QE to infinity. The Fed will be reduced to buying back their own notes with inflated dollars, and that is when the ugly spiral starts and at some point they are powerless to stop it short of a major reset (walking away from the debt, and / or a major war, and / or a dictatorship).

[Recyclersteve]

Interesting article to me, and I'm no fixed income expert whatsoever. I'm a stock jockey...

[shinnosuke]

I've been watching the numbers here https://www.usdebtclock.org grow for years, always thinking, It can't go on much longer. Yet here we are, all of us getting old and cranky. LOL!

Apparently, the US government will pay $945 billion in interest this year, 2024. Somebody is getting rich, but it shore ain't me. I'm thinking that someone else is going to be left holding US bonds when the music stops and find there aren't enough chairs.

Patience, y'all. It's going to be a fantastic implosion.

[JerrySpringer]

I've been watching the numbers here https://www.usdebtclock.org grow for years, always thinking, It can't go on much longer. Yet here we are, all of us getting old and cranky. LOL!

Apparently, the US government will pay $945 billion in interest this year, 2024. Somebody is getting rich, but it shore ain't me. I'm thinking that someone else is going to be left holding US bonds when the music stops and find there aren't enough chairs.

Patience, y'all. It's going to be a fantastic implosion.

The only solace is that the majority of the debt is owed to ourselves. Found this:

https://www.pgpf.org/blog/2023/05/the-f ... -that-debt

The info is a year old but the key take home is the Federal Reserve holds a good chunk of the debt. Wonder if they could agree to getting paid back just the principal and forego interest payments right now

[pmbug]

Japan is currently the largest foreign holder and they are being forced to sell to defend the Yen right now.

[68Camaro]

I've been watching the numbers here https://www.usdebtclock.org grow for years, always thinking, It can't go on much longer. Yet here we are, all of us getting old and cranky. LOL!

Apparently, the US government will pay $945 billion in interest this year, 2024. Somebody is getting rich, but it shore ain't me. I'm thinking that someone else is going to be left holding US bonds when the music stops and find there aren't enough chairs.

Patience, y'all. It's going to be a fantastic implosion.

10-12 years ago my mistake on this was similar to my failure to realize there is an actual deep state in US politics. There is an actual deep state in finance (and it could overlap the political deep state) that is willing to go to desperate lengths to keep the status quo alive. So you're right, it will continue until they can't figure out a way to sustain (or a large enough subset of them decide to bail first and save themselves), and then we will see an implosion like never before. It could blow this year, or 10 years from now, and we could even have a long slide into ruin before the final event.

[shinnosuke]

I've been watching the numbers here https://www.usdebtclock.org grow for years, always thinking, It can't go on much longer. Yet here we are, all of us getting old and cranky. LOL!

Apparently, the US government will pay $945 billion in interest this year, 2024. Somebody is getting rich, but it shore ain't me. I'm thinking that someone else is going to be left holding US bonds when the music stops and find there aren't enough chairs.

Patience, y'all. It's going to be a fantastic implosion.

The only solace is that the majority of the debt is owed to ourselves. Found this:

https://www.pgpf.org/blog/2023/05/the-f ... -that-debt

The info is a year old but the key take home is the Federal Reserve holds a good chunk of the debt. Wonder if they could agree to getting paid back just the principal and forego interest payments right now

Well, since I don't consider the Fed Res to a part of "ourselves," it's not much solace to me. I'm paying taxes to cover their monetary treason. The interest will always be due as long as the money/currency is corrupt.

[shinnosuke]

Japan is currently the largest foreign holder and they are being forced to sell to defend the Yen right now.

And their defense is not doing so well. I'm going to Japan for the latter half of October and looking forward to buying at a discount. I always wondered if it would be the Yen or the Euro that would go first. Guess the Japanese are going to be the sacrificial lamb.

[shinnosuke]

I've been watching the numbers here https://www.usdebtclock.org grow for years, always thinking, It can't go on much longer. Yet here we are, all of us getting old and cranky. LOL!

Apparently, the US government will pay $945 billion in interest this year, 2024. Somebody is getting rich, but it shore ain't me. I'm thinking that someone else is going to be left holding US bonds when the music stops and find there aren't enough chairs.

Patience, y'all. It's going to be a fantastic implosion.

10-12 years ago my mistake on this was similar to my failure to realize there is an actual deep state in US politics. There is an actual deep state in finance (and it could overlap the political deep state) that is willing to go to desperate lengths to keep the status quo alive. So you're right, it will continue until they can't figure out a way to sustain (or a large enough subset of them decide to bail first and save themselves), and then we will see an implosion like never before. It could blow this year, or 10 years from now, and we could even have a long slide into ruin before the final event.

Agree on all points with my only addition to your comment being curiosity about what role the CBDC will have in our demise as a once-free nation.