Category: Bailouts, Federal Reserve, Fixed Income/Interest Rates, Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “QE Auctions of Treasury Bonds”

  1. DeDude says:

    “The auction costsare low on average: the Fed pays around 0.7 cents per $100 par value above the sec-ondary market ask price on auction dates”

    Sorry folks that is not “low cost” but an outrageous ripping off. The Fed should purchase directly from at no cost at all. Why are they in the secondary market when they should be primary dealers. The fat spread between the governments take and secondary market prices are a pure giveaway to Wall Street banisters.

  2. […] investors should also allocate a portion of their portfolio to safe government treasury bonds or certificates of deposit at their local bank. Yes it’s true these pay out very small […]