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re: Just in -- Treasury’s $24 billion 30-year bond auction goes poorly today

Posted on 11/9/23 at 1:34 pm to
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2552 posts
Posted on 11/9/23 at 1:34 pm to
Investors are still not convinced on where rates are headed. Maybe they're thinking I can get higher yield later if I wait it out.

I'm hearing foreign interest of US debt is very low.
This post was edited on 11/9/23 at 8:33 pm
Posted by tigersbh
Baton Rouge
Member since Oct 2005
10393 posts
Posted on 11/9/23 at 3:30 pm to
quote:

I'm hearing foreign interest of US debt is very low.


It should be. We’ll never pay it back. Only with worthless dollars.
Posted by IT_Dawg
Georgia
Member since Oct 2012
21994 posts
Posted on 11/9/23 at 4:48 pm to
quote:

Investors are still not convinced on where rates are headed. Maybe they're thinking I can higher yield later if I wait it out.


I think we are in a bad time where those younger than 40 don’t understand investments, how to invest, trust FAs, know the importance of investing and thus, we will go through a long period of re-education with the downturn.

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