Fear Factor 2,
Bonds had an interesting day, Buy America Bonds is apparently going away, so States are going to be screwed in trying to refinance their debt.
This will be a good time for the Federal gov to do a power grab over the states, as the states will be on their knees.
And a gratuitous chart from Doctor J on Daneric
Thanks, ff2 has gone bezerk
ReplyDeleteInterest rates up, but fear (VIX) on equities is not up. Very odd.
ReplyDelete