DC was over the ten year half of post crash, and visa versa. When DC asks for extension, unexpected from Obamacare, we get a big rate jump. Terms are matched, and they are quantized. DC has to dump extra debt long term, extending the payment period.
Friday, August 22, 2014
The Bond market and the ten year note
The agent in the market is in bounds regarding the linear cost of government. So it can guess the cost of any given presidential regime in DC. within some stable bound. Agents then trade bonds for something near the eight year mark. The agents make money work. The eight year term is passed when government asks for extensions.
DC was over the ten year half of post crash, and visa versa. When DC asks for extension, unexpected from Obamacare, we get a big rate jump. Terms are matched, and they are quantized. DC has to dump extra debt long term, extending the payment period.
DC was over the ten year half of post crash, and visa versa. When DC asks for extension, unexpected from Obamacare, we get a big rate jump. Terms are matched, and they are quantized. DC has to dump extra debt long term, extending the payment period.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment