US Gross National Debt to Spike by $800 Billion in October? by Wolf Richter • Aug 21, 2017 • 111 Comments The other option: too ugly to even imagine.
Puerto Rico Triggers Largest Ever US Muni Bankruptcy Process by Wolf Richter • May 3, 2017 • 52 Comments “We’re going to protect our people”: Governor Rosselló. Hedge funds reel.
Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them? by Wolf Richter • Feb 9, 2017 • 44 Comments There’s now a special math for NIRP refugees in Europe.
China’s Holdings of US Treasuries Plunge at Historic Pace by Wolf Richter • Jan 18, 2017 • 49 Comments A toxic trifecta for bondholders.
How Bad Will the “Bond Massacre” Get? by Wolf Richter • Jan 4, 2017 • 41 Comments Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
Foreigners are Dumping US Treasurys as Never Before by Wolf Richter • Dec 15, 2016 • 131 Comments Hence the bloodletting in what’s considered one of the most conservative investments in the world.
Bond Carnage hits Mortgage Rates. But This Time, it’s Real by Wolf Richter • Nov 19, 2016 • 94 Comments The “risk free” bonds have bloodied investors.
US Pension Crisis: This is How Families Get Squeezed to Bail Out Pension Funds in Chicago by Wolf Richter • Nov 17, 2016 • 99 Comments Coming to a municipality near you.
Will the “Rout” in Government Bonds Turn into Carnage? by Wolf Richter • Nov 11, 2016 • 82 Comments As Trump looms, “Inflation Trade” heats up, “Greater-Fool Trade” falls apart
This is Why US Gov. Deficit Numbers are a BIG Lie by Wolf Richter • Oct 1, 2016 • 198 Comments But where the heck did the money go? Fume and gnash your teeth.