In an era of potential crisis when nothing is off the table for change & usa debt is at unsustainable levels it is mind boggling that the bonds trade at a premium to par - they are wrongly assumed to be risk free - there is no such thing & they are probably worth perhaps 50 cents on the $ or less if very optimistic. At some point they can & will default or reschedule & the fallout will be immense!.
Thanks as always slim
Very welcome
In an era of potential crisis when nothing is off the table for change & usa debt is at unsustainable levels it is mind boggling that the bonds trade at a premium to par - they are wrongly assumed to be risk free - there is no such thing & they are probably worth perhaps 50 cents on the $ or less if very optimistic. At some point they can & will default or reschedule & the fallout will be immense!.
They’ll fight with everything they have to prevent default
Great buying opportunities coming soon
later - much
Oh?
SPY = 1:19:30
Watch the whole show!