Snoopy-Typing-Away-1-CVV14J0D95-1024x768

I see the Treasury is about to release floating rate Treasuries

If they do start issuing them in any significant value, then that is a case for extended QE from the Federal Reserve. The risk of rising rates in a free market set rate, with the level of debt currently carried by the government, places a huge risk of expanding interest payments if issued in any significant value to investors other than the Fed.

Advertisements