Bond auction could spark real rally?

re: Bond auction could spark real rally?

Stephen Bradley — Wed, 10 Jun 2009 22:09:44 GMT

Yes let chrsyler fail, we ahve CEO's that do not know the difference between what is a gain and a loss in profiys. We had Bush as a president that could not spell his last name of four letters. Enoiugh of the aristocracy that are brain dead - who cares whether they are democrat or republican - some at least a modicum of intelleigence is required please!!!!!!!!!!!!!!!!!!!!!!

re: Bond auction could spark real rally?

JB — Wed, 10 Jun 2009 18:40:34 GMT

The Chinese have no incentive to buy, as they are scared of our rising debt. But they also have no intention to sell. Selling US debt for China is like destroying it's own investment since it is a large holder. No, they wont sell but they won't buy either.

The problem comes when small holders of US debt decide to sell. And when enough small holders sell, and not alot of people are buying at the same time, yeilds will go up (as is happening). That will then pressure China and larger holders to get out before it gets too bad. That is when all of this s*** hits the fan. The Fed will be put on the spot to keep yeilds down through debt monetization - essentially pinting money for the government to use. I heard that the US Gov has to sell 1.2 trillion in bonds by sept...watch out. I really hope its not going to be as bad as my worst case scenario lays out...

re: Bond auction could spark real rally?

Bill in Houston — Wed, 10 Jun 2009 18:18:07 GMT

Market's down 1.1% today (June 10th). Futures were up 1.5% at 7:30ET. Seems like that rally thing was so much cheerleading BS for the Obama Administration. Bond sales are tanking.

So, what do we do when the Chinese won't buy our bonds? Oh wait, that's happening.

re: Bond auction could spark real rally?

A Fed Up American — Tue, 09 Jun 2009 18:29:45 GMT

Hey Todd, what about the impact of rising energy prices on business?

I noticed that bonds were still selling sub par. I wonder how much lower they'll go. It'll be tough when the ChiComs stop buying our debt.

re: Bond auction could spark real rally?

Cteve S — Tue, 09 Jun 2009 17:52:13 GMT

Provision holding is getting there.

re: Bond auction could spark real rally?

Tim. S./Cincinnati — Tue, 09 Jun 2009 16:46:33 GMT

Why isn't our current president getting any flack for the high gas prices like the abuse the media gave our previous president? DOUBLE STANDARD! Imagine that.