…would almost surely drive the U.S. straight back into recession. Furthermore, a failure to reach agreement on the debt limit would guarantee bond market jitters, pushing up interest rates and…

…of junk bonds driving up their price and driving down the cost of capital to firms with poor bond ratings. The creation of Maiden Lane, Maiden Lane II and Maiden…

…But why the Fed ? The Treasury is a huge player in the bond market. They are still selling long term bonds. Why ? What if the Treasury decided to…

…the Invisible Bond Vigilantes burning down our fiscal house but everyone just assumes its going to be bad. Real bad. Horribly really bad. Because only morons don’t understand that Something…

…Sensible Centrist cred. So how are businesses running their debt-laden firms? Ask the WSJ and ye shall receive: U.S. corporations have taken full advantage of low interest rates, going on…

…is not defined as intergenerational but instead in the here and now with the main expressed fear is that without action the Invisible Bond Vigilantes and the Chinese Central Bank…

…bond rating agencies to prevent them from being so lax. I don’t think that any such reform is likely to be successful. I think it would be better to rely…

…written appear on accounts at market value. Balance sheets look very different depending on whether firm A issues a bond and B writes a CDS on that bond or vice…

…the DI or Disability Insurance One. Second thing is that there are a range of yields from Certificates as low as 2.750% and Bonds as high as 7.250% with maturities…

…tax matters: As of January 2010, she has assumed a role as co-chair (with Pete Domenici–who was an avid supporter of the Bush budget-busting tax cuts) of a “Debt Reduction…