Bond Buyback Is Simply A Band-Aid for $40T US Debt; Warsh Faces Jackson Hole Test
Danger Zone Please click here for an enlarged chart of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). Note the following: The chart shows the TLT dipped in the danger zone. When we first presented the
The U.S. government owes a huge amount of money ($40 trillion), and buying back some bonds is just a quick fix, not a real solution. When you see long-term bond prices drop, it can hint that people are worried about the country's money problems.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.