nobody else wants to buy/hold our debt????..............From Bloomberg
''Even as U.S. government debt swells
to more than $16 trillion, Treasuries and other dollar fixed-
income securities will be in short supply next year as the
Federal Reserve soaks up almost all the net new bonds.
The government will reduce net sales by $250 billion from
the $1.2 trillion of bills, notes and bonds issued in fiscal
2012 ended Sept. 30, a survey of 18 primary dealers found. At
the same time, the Fed, in its efforts to boost growth, will add
about $45 billion of Treasuries a month to the $40 billion in
mortgage debt it’s purchasing, effectively absorbing about 90
percent of net new dollar-denominated fixed-income assets,
according to JPMorgan Chase & Co.''
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