March 15, 2017 Debt Ceiling - can it be easily moved? | Traders Hideout


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March 15, 2017 Debt Ceiling - can it be easily moved?

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Boise, Idaho/USA
 
Trading Experience: Advanced
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Treasury Secretary announced the usual stuff yesterday to keep US from defaulting. Media claims his announcement inverted the yield curve. Wednesday 10 year auction saw the I Banks bid a premium over face rates as the scramble to find paper begins. The longer this political Kabuki plays out the greater the short term dislocations.

Bukle up and hang on, it is going to be a bumpy ride.

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