Saturday, December 24, 2011

The US Treasury is the only game in town

In the New World of Safe Investments, U.S. Debt Stands (Nearly) Alone

"investors are so desperate for Treasuries that some would actually pay the government to take their money.
There's a simple reason. When it comes to rock-solid safe investments, Uncle Sam is pretty much the only game in town"

US debt is considered "rock solid", and the only other debt that is considered rock solid is that of Germany and France.  There is such a high demand for such debt that the US could easily borrow another $10 trillion.

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