U.S. Treasuries Enjoying a Golden Age as Demand Soars WorldWide

[clb09]

http://www.bloomberg.com/apps/news?p...d=a4Vzrq4YVUY4

“We have seen an incredible amount of demand,” said Richard Tang, head of fixed-income sales at primary dealer RBS Securities Inc. in Stamford, Connecticut. “A lot of it is asset reallocation, out of risk assets and commodities. It’s been significant.”

And now a quote from a Treasury Official:

[SevenEyedJeff]

What kind of fool would put money into US treasuries? The FED and central banks have got to be the only buyers right now.

[Dforkus]

You, think so?
Got money in any kind of savings, broad market bond fund? savings account, or CD? You are invested in treasuries (inevitably, at least a portion, higher now that the banks are too freaked to actually lend there money to people....) too...

Maybe you just have a little coin in some non interest bearing checking account.. Well, you're still invested in treasuries, you just don't get any interest out of it..

[axiomata]

I just like the concept of a "Golden Age" in fiat money.

[CableNewsJunkie]

I just like the concept of a "Golden Age" in fiat money.

Good eye son.

[HOLLYWOOD]

That's some good SheeeeeeeeeeeeeAt you're smokin there Danny Boy!

Bond Dealers Say Worst Over as Demand Soars at Sales (Update1)

By Daniel Kruger
June 29 (Bloomberg) -- Wall Street’s largest bond-trading firms say the worst may be over for investors in Treasuries after government securities posted their biggest first-half losses in at least three decades.

[Chester Copperpot]

what a golden age this might be if the fed didnt create money and all our money gained in value instead.

[tron paul]

Hooray for the final pump-and-dump!

Go dead cat bounce go!