Submit a Story!
The bubble in TBT
The bubble in TBT
Just a few weeks ago, a number of commentators were calling the Treasury bond market a bubble . The 10-year Treasury had fallen to nearly 2.00%, and the 30-year bond had fallen to 2.50%. But since that time, the 30-year Treasury has risen by 100bps, representing a 19% decline in price. Now if ...
The Treasury's Financial Stability Plan
The Treasury's Financial Stability Plan
econbrowser.com — Here's my two cents on the latest two trillion. Treasury Secretary Timothy Geithner began his remarks to... the Senate Banking Committee this morning as follows: To get credit flowing again, to restore confidence in our markets, and restore the ... (more) The Treasury's Financial Stability Plan
To Fix Detroit, Obama Is Said to Drop Plan for ‘Car Czar’
nytimes.com — The administration will put the task of revamping G.M. and Chrysler in the hands of a presidential... panel led by Timothy F. Geithner and Lawrence H. Summers. > (more) To Fix Detroit, Obama Is Said to Drop Plan for ‘Car Czar’
Geithner Plan Smackdown Wrap
nakedcapitalism.com — I cannot recall a major US policy initiative being met with as much immediate revulsion as the... so-called Geithner plan. Even the horrific TARP, which showed utter contempt for Congress and the American public was in some ways less troubling. ... (more) Geithner Plan Smackdown Wrap
Comments
Blog Reactions

Friday links: collapsing earnings
Abnormal Returns — ... Is there a bubble in the ProShares UltraShort 20+ Treasury ETF (TBT)?  (Accrued Interest) ...

Related: deflation government
Deflation vs. Stagflation: Choices Facing an Insolvent Government?TraderFeed
Much attention has been given to the issue of whether or not major banks are solvent. But how about the federal government? Is it solvent? Much of the answer depends upon how one accounts for assets and liabilities on the federal balance sheet. A recent article , quoted below, raises doubts ...
Tax Cuts vs. Government SpendingFreakonomics
As the Senate and the House look to reconcile competing stimulus plans, the big debate is whether to emphasize government spending or tax cuts. A new paper by the New York Fed's Gauti Eggertsson argues that the risk of deflation should tilt the balance to government spending. Our current problem ...