4-Week Bill Treasury Auction Results

CUSIP: 912796HN2Term and Type: 4-Week BillCMB: NoHigh Rate: 0.185%Investment Rate: 0.188%Price: $99.985611Allotted at High: 6.26%Total Tendered: $125,224,630,500Total Accepted: $35,000,150,500Auction Date: 04/05/2016Issue Date: 04/07/2016Maturity Date:…

13-Week Bill Treasury Auction Results

CUSIP: 912796HY8Term and Type: 13-Week BillCMB: NoHigh Rate: 0.300%Investment Rate: 0.304%Price: $99.924167Allotted at High: 25.98%Total Tendered: $118,113,178,700Total Accepted: $31,000,283,700Auction Date: 03/28/2016Issue Date: 03/31/2016Maturity Dat…

13-Week Bill Treasury Auction Results

CUSIP: 912796HY8Term and Type: 13-Week BillCMB: NoHigh Rate: 0.300%Investment Rate: 0.304%Price: $99.924167Allotted at High: 25.98%Total Tendered: $118,113,178,700Total Accepted: $31,000,283,700Auction Date: 03/28/2016Issue Date: 03/31/2016Maturity Dat…

13-Week Bill Treasury Auction Results

CUSIP: 912796HY8Term and Type: 13-Week BillCMB: NoHigh Rate: 0.300%Investment Rate: 0.304%Price: $99.924167Allotted at High: 25.98%Total Tendered: $118,113,178,700Total Accepted: $31,000,283,700Auction Date: 03/28/2016Issue Date: 03/31/2016Maturity Dat…

Floors, Ceilings, Camels, Straw

There was a very interesting article in the Pimco Investment Outlook for December 2006 by Bill Gross entitled Reality Check. Gross talks about a new derivative credit product retailed to institutional buyers under the sticker known as a CPDO or “constant proportion debt obligation.” It is a very interesting conversations so let’s tune in.Things are…

Maxed Out

Are we about to see a trend reversal in reality television shows from the likes of Flip This House to Maxed Out? I have not seen Maxed Out but I am positive it will be a welcome change over the current financial wizardry garbage telling everyone years too late how to make a fortune off…

A Lit Fuse in Key West

I have a new set of posts from a friend living (and renting) in Key West who posts on my board on the Motley Fool under the name “FreeThinkerKW”. The first post is from a week or two ago, and the update to that post is from December 1. A Lit Fuse Every Friday in…

World Trade Progress

Reuters is reporting Brown, Paulson call for WTO progress. I must note that Mish has been calling for world peace for years but no reportable progress has been sighted. Is this a chicken/egg which comes first kind of thing (no free trade without world peace/no world peace without free trade)? While pondering that question here…

An email from Bernanke

I was quite surprised to wake up this morning and find an Email from Ben Bernanke sitting in my inbox. It was in response to Bernanke’s Box. I wanted to share it with everyone. It seems the Fed is about to initiate a new policy of speaking exactly what is on their minds. The following…

Bernanke’s Box

The box Bernanke is in keeps getting tighter and tighter. First-time jobless claims Soar State unemployment benefits rose by 34,000 to 357,000 The number of U.S. workers applying for jobless benefits climbed by the highest amount in more than a year last week, to 357,000, the Labor Department said Thursday. First-time claims for state unemployment…