Socio-Economics History Blog
Socio-Economics History Blog

Socio-Economics History Blog
Socio-Economics History Blog
Ray Dalio Says the Risk to U.S. Treasurys is Even Greater Than What Moody’s is Saying by Spencer Kimball, https://www.cnbc.com/world/ * Bridgewater founder Ray Dalio said Moody’s downgrade of the U.S. credit rating does not take into account the risk of the federal government printing money to pay its debt. * Bond holders would suffer …
Moody’s Cuts Deposit Ratings At Major Banks After Downgrading US by Bloomberg News Moody’s Ratings cut its ratings for deposits at some of the biggest banks, including Bank of America Corp., JPMorgan Chase & Co., citing Friday’s downgrade of the US and the government’s weakened ability to support the firms. Long-term deposit ratings at units …
Why is the Fed Quietly Buying Billions in Bonds — And Hoping Nobody Notices? by Charlie Garcia, https://finance.yahoo.com/ The U.S. Federal Reserve just pulled off something stealthy — over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That’s $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 …