Comments on: What Do Rising Treasury Yields Mean? http://www.theamericanconservative.com/blog/2009/06/08/what-do-rising-treasury-yields-mean-2/?utm_source=rss&utm_medium=rss&utm_campaign=what-do-rising-treasury-yields-mean-2 @TAC Fri, 10 Feb 2012 13:23:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Danby http://www.theamericanconservative.com/blog/2009/06/08/what-do-rising-treasury-yields-mean-2/comment-page-1/#comment-7066 Danby Tue, 09 Jun 2009 15:45:13 +0000 http://www.amconmag.com/blog/?p=1875#comment-7066 <i>Why buy treasuries when you get a better return from bank debt that is just as safe? "</i> Except, since the Chrysler bankruptcy, you can't be sure ANY bond is safe. By destroying the hierarchy of debt, the Obama administration has increased the risk to bond holders that their interests will be sacrificed to political ends, despite <b>black-letter law</b> stating otherwise. Why buy treasuries when you get a better return from bank debt that is just as safe? “

Except, since the Chrysler bankruptcy, you can’t be sure ANY bond is safe. By destroying the hierarchy of debt, the Obama administration has increased the risk to bond holders that their interests will be sacrificed to political ends, despite black-letter law stating otherwise.

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