Social Security to start cashing Uncle Sam's IOUs

Quote from rcaldwell:

Soon treasury debt will become as suspect as some municipal debt has already become.
More...

Municipal debt as a whole is trading at the lowest spread to Treasuires in many years. As a whole, there is very little suspicion about muni debt. Go figure.
 
Quote from ralph00:

Municipal debt as a whole is trading at the lowest spread to Treasuires in many years. As a whole, there is very little suspicion about muni debt. Go figure.
More...



California, Illinois and a boatload of others on the verge of default? Sounds like toxic waste to me.
 
You must log in or register to reply here.
Back
Top