Showing posts with label bonds. Show all posts
Showing posts with label bonds. Show all posts

Saturday, 2 January 2021

European bonds PLUMMET after Brexit

I doubt if you will find this anywhere in the lamestream media and yet it can be verified.

I doubt it means nothing.

 European bonds PLUMMETING after Brexit!! AUSTRIA AND FRANCE HAVE COLLAPSED -85%

Hal Turner,

1 January, 2020


Government Bond values in European Countries are PLUMMETING on a scale never before seen, as Quarter 1 of 2021 commences after the official "BREXIT." 

Some Bonds have actually completely COLLAPSED and gone negative!

 Austria 20Y-0.050-0.027-0.026-0.050-0.023-85.19%02:30:10 
 Austria 25Y0.0190.0430.0440.030-0.024-55.81%31/12 

 

 Bulgaria 1Y-0.378-0.250-0.100-0.250-0.128-51.00%31/12 
 Bulgaria 3Y-0.200-0.100-0.125-0.100-0.100-100.00%31/12 
 Bulgaria 5Y-0.0150.160-0.015-0.015-0.174-109.06%21/12 
 Bulgaria 7Y0.0100.1200.2500.120-0.110-91.67%31/12 

 

 Croatia 1Y0.0250.0470.2100.047-0.022-47.87%08:00:09 

 

 France 3Y-0.731-8.194-0.731-0.731-0.01691.08%05:51:58 
 France 4Y-0.695-6.032-0.695-0.695-0.00288.48%05:51:58 
 France 5Y-0.648-5.169-0.648-0.648-0.00287.46%05:51:58 
 France 7Y-0.5636-5.7820-0.5640-0.5640-0.001090.25%05:51:58 

 

 Germany 9Y-2.872-0.628-0.623-0.628-2.244-357.32%31/12 

 

 Greece 3M-0.408-0.164-0.164-0.164-0.243-148.48%31/12 
 Greece 6M-0.180-0.072-0.072-0.096-0.107-149.31%31/12 

 

 Ireland 3M-0.551-0.215-0.211-0.215-0.336-156.28%31/12 

 

 Norway 3M0.0010.0570.0570.057-0.057-99.12%30/12 
 Norway 6M0.0220.1350.1440.079-0.114-84.07%30/12 
 Norway 9M0.0340.1070.1110.097-0.073-68.22%30/12 
 Norway 1Y0.0600.1140.1160.114-0.054-47.37%30/12 

 

 Poland 1Y-0.053-0.023-0.023-0.036-0.030-130.43%02:30:05 
 Poland 2Y0.0300.0990.0300.030-0.070-70.20%31/12 

 

 Portugal 2Y-1.837-0.712-0.712-0.712-1.125-157.94%31/12 

 

 Slovakia 18Y-0.099-0.041-0.041-0.041-0.058-140.24%31/12 

 

 U.K. 1M-0.0220.029-0.022-0.022-0.051-175.86%31/12 
 U.K. 3M-0.075-0.025-0.025-0.025-0.050-198.00%31/12 
 U.K. 6M-0.091-0.041-0.041-0.041-0.050-121.95%31/12 

 

This is an absolutely stunning financial development, and there's no telling right now what this means for the short term future.  

People should know by now what is going on.

They lied all through 2020 and engineered the fake virus and vaccine.

Talked about reset and new ways of life.

Now they will lie in 2021 and make everyone poor so the mark of the beast is the only way.

So so obvious.

Good will win though. Pay no attention to the TV or twitters.


You can see this HERE




Sunday, 14 October 2018

What stands at the basis of America's developing financial crisis


At the centre of America's developing crisis is its burgeoning debt, its declining imperial power, the demise of the petrodollar and the inability to issue sufficient bonds to feed its debt.

Printing machine: US Treasury issuing more bonds to feed soaring debt but there are no takers


Printing machine: US Treasury issuing more bonds to feed soaring debt but there are no takers


RT,
13 October, 2018

The US Treasury is selling $74 billion of debt this week to fund the rising budget deficit stemming from the Trump administration’s massive tax cut introduced last December and the country’s massive overall debt.

The new debt will be issued in a three-year, 10-year and 30-year bond supply this week, Reuters reports, quoting US Treasury data. In late September, the Treasury sold a combined $106 billion of debt amid cooling demand from investors.

With countries like Japan, China, Russia and Turkey buying less and selling more US debt, foreign purchases at Treasury auctions have slowed down. One of the reasons is the trade war between the US and China, which has given a boost to the dollar. Bond dealers have been buying more US debt, but they quickly resell it to make a profit.

Last week’s data shows that the US budget deficit soared to an estimated $782 billion in Donald Trump’s first full fiscal year as president. This is the largest fiscal deficit for the US since 2012.

There are concerns that US debt is growing out of control. America’s debt currently stands at $21.5 trillion, while the Treasury said the US government paid $523 billion in interest in fiscal 2018, the highest on record.

Trump will soon announce a plan to tackle the debt, according to the US president’s chief economist Kevin Hassett. “The deficit is absolutely higher than anyone would like. As you watch our next budget come out – and you’ll start to see things in the next few weeks – then you’ll see a much more aggressive stance” in tackling it, he said, as quoted by Bloomberg.



Soaring by $38,000 per second: US national debt now exceeds $21.5 trillion

Soaring by $38,000 per second: US national debt now exceeds $21.5 trillion

RT,
3 October, 2018


The latest data from the US Treasury Department shows America’s gross national debt ballooned by $1.2 trillion to a breathtaking $21.52 trillion on September 28, the last day of fiscal year 2018.
During that period, the US national debt increased by 6.3 percent and now amounts to 105.4 percent of the country’s current-dollar Gross Domestic Product (GDP).
According to the Treasury Department’s Bureau of the Fiscal Service, the national debt at the end of fiscal year 2017 was an estimated $20.25 trillion. The large deficit is a result of federal benefit payments pushed into August instead of September, the service said.
“Where the threshold is too high, we don’t know. But rising forever is definitely an unsustainable, big problem. And we’re the only advanced economy on an unsustainable course,” economist Jason Furman at Harvard’s Kennedy School of Government told the Public Radio International (PRI).
“We’re the only advanced economy where the debt is expected to rise as a share of GDP over the next five years. All the other advanced economies, it’s falling,” he added.
The budget deficit hit $214 billion in August, which is double the amount compared with the same period a year ago.
The Congressional Budget Office (CBO) estimates that the “deficit” will be $895 billion in fiscal 2018. It said that in just a few years the US will be paying more in interest to pay down the national debt than on the military or Medicare.
“The fact that we are in the 10th year of an economic expansion now and debt keeps rising is really extraordinary and very irresponsible. Unless Congress fundamentally changes its path, we are headed for a Greek-type crisis,” said Chris Edwards, director of tax policy studies at the Cato Institute, a think tank in Washington.
He explained: “A rising debt could create this crisis situation where interest rates spike, the government has to take drastic actions, perhaps cutting benefits, social security and other benefits radically, or hiking taxes dramatically, which will damage the economy.”