Dow Tanks on Poor Treasury Auction

[HikerGuy83]

Absolutely no movement on the Dow's futures.

Not looking good for tomorrow.

 

[HikerGuy83]

Look at the arguments on anything that is a social program and cuts today. One day there will be forced cuts. And it will be painful.

Our leaders are not peeping.

I'll bet they all retire in six years so they are not around when the trust fund goes belly up.

 

[scruffy]

Dumb **** Trump has screwed us.

Not yet.

But we can't let him borrow more money.

Republicans in the House are demanding that he be fiscally responsible.

We'll see if they can make it stick.

 

[konradv]

When you win every state with I.D. laws as well as every swing state.....it's a landslide.

Bullshit, it’s another MAGA lie.

 

[Dragonlady]

You don't have to convince me that Biden left behind a huge mess.

Biden did NOT leave behind a huge mess. Your economy was the envy of the world. Trump has MADE a big mess. Just like he did last time.

 

[TimFitz]

It's only going to get worse.

As the debt continues on it's rocketship like ascent, people will get nervous and the value of these securities will be lowered.

Our debt thanks to Bush, Obama, Trump, Biden is going to kill us.

I am particularly thinking Bush was a total braindead moron.

Google Search

U.S. stocks again show signs of concern about rising Treasury yields after a lackluster auction of 20-year bonds.​

Let us hope that this is an anomaly that only lasts one more cycle.

Although Trump’s instability and bad faith dealing are an obstacle to that.

Meanwhile, Trump promotes bitcoin……

 

[Zincwarrior]

How?

 

[mudwhistle]

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Now, try explaining in detail why any of this is bad for the economy?