The recent 30 year US T Bond issue may have proved to be costlier than the US Treasury first expected !
Whether you blame it on investors returning to risky assets or on the green shoots of recovery; rising bond yields will add to the 'cost of money' even as the US Budget deficit continues to widen.
In recent months, the Chinese have been concerned about the monetary and bailout policies of the US.
Bernanke is going to have to do a whole lot more, to keep 30 yr US T Bond yields down.
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