This is How a Financial Meltdown Might Be Starting

Buyers suddenly decide U.S. Treasury securities may not be risk-free any more. They start to hedge against possible price decreases. An easy way to do that and limit risk is by purchasing put contracts on Treasuries. Continue Reading →

U.S. Government Debt

In the not-too-distant past you could find this information pretty easily on the U.S. Treasury Department website. … It took me the better part of two hours to find and assemble the data … And the editing basically involved converting a text table (which was not formatted as a table …) into an Excel workbook. Tedious, boring, and requires a pretty good attention to detail. You think maybe Treasury has something to hide? Continue Reading →