Comments on: Just who bought all the Treasuries the issued in late 2008 and early 2009? http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/ Sat, 21 Nov 2009 16:40:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Quem financia a expansão fiscal dos EUA? « Marx21 http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-133268 Quem financia a expansão fiscal dos EUA? « Marx21 Wed, 15 Jul 2009 19:34:33 +0000 http://blogs.cfr.org/setser/?p=5624#comment-133268 [...] Clique aqui para ler o texto na íntegra. [...] [...] Clique aqui para ler o texto na íntegra. [...]

]]> By: Just who bought all the Treasuries the issued in late 2008 and early 2009? | JoeWebb.com http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-132274 Just who bought all the Treasuries the issued in late 2008 and early 2009? | JoeWebb.com Sun, 21 Jun 2009 06:48:21 +0000 http://blogs.cfr.org/setser/?p=5624#comment-132274 [...] Brad Setser:  Just who bought all the Treasuries the issued in late 2008 and early 2009? Comments (0) [...] [...] Brad Setser:  Just who bought all the Treasuries the issued in late 2008 and early 2009? Comments (0) [...]

]]> By: denarius http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-132068 denarius Tue, 16 Jun 2009 14:39:22 +0000 http://blogs.cfr.org/setser/?p=5624#comment-132068 Alfred - "But if the Fed soaks up the remaining Treasuries and becomes a net buyer isn’t that like monetizing debt and therefore inflationary? The Fed is saying they are not going to do that." News flash: The Fed are a bunch of lying puss bags. Pictures at 11... Alfred – “But if the Fed soaks up the remaining Treasuries and becomes a net buyer isn’t that like monetizing debt and therefore inflationary? The Fed is saying they are not going to do that.”

News flash: The Fed are a bunch of lying puss bags. Pictures at 11…

]]> By: Economic Recovery or Not - in Pictures http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-132054 Economic Recovery or Not - in Pictures Tue, 16 Jun 2009 06:24:27 +0000 http://blogs.cfr.org/setser/?p=5624#comment-132054 [...] are your thing, Paul Swartz of the Council on Foreign Relations has eight pages of them (hat tip Brad Setser), comparing the current recession to all postwar recessions (it’s the worst on most measures) or [...] [...] are your thing, Paul Swartz of the Council on Foreign Relations has eight pages of them (hat tip Brad Setser), comparing the current recession to all postwar recessions (it’s the worst on most measures) or [...]

]]> By: Recovery – or Not – in Pictures « The Baseline Scenario http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-132043 Recovery – or Not – in Pictures « The Baseline Scenario Tue, 16 Jun 2009 03:21:09 +0000 http://blogs.cfr.org/setser/?p=5624#comment-132043 [...] are your thing, Paul Swartz of the Council on Foreign Relations has eight pages of them (hat tip Brad Setser), comparing the current recession to all postwar recessions (it’s the worst on most measures) [...] [...] are your thing, Paul Swartz of the Council on Foreign Relations has eight pages of them (hat tip Brad Setser), comparing the current recession to all postwar recessions (it’s the worst on most measures) [...]

]]> By: Geo-Graphics » Blog Archive » Offsetting Borrowing http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-132027 Geo-Graphics » Blog Archive » Offsetting Borrowing Mon, 15 Jun 2009 18:44:51 +0000 http://blogs.cfr.org/setser/?p=5624#comment-132027 [...] Economists Clash on Shifting Sands Setser: Fall in Private Borrowing, Rise in Fiscal Deficit Setser: Who Bought All the Treasuries? Federal Reserve: U.S. Flow of [...] [...] Economists Clash on Shifting Sands Setser: Fall in Private Borrowing, Rise in Fiscal Deficit Setser: Who Bought All the Treasuries? Federal Reserve: U.S. Flow of [...]

]]> By: Setser: Who bought all the recently issued Treasuries? | Diroloo | All About loans, mortgages and much more http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-131979 Setser: Who bought all the recently issued Treasuries? | Diroloo | All About loans, mortgages and much more Mon, 15 Jun 2009 05:49:46 +0000 http://blogs.cfr.org/setser/?p=5624#comment-131979 [...] Brad Setser at Follow the Money: Just who bought all the Treasuries the issued in late 2008 and early 2009? … the Fed’s flow of funds data leaves little doubt that — at least during the first [...] [...] Brad Setser at Follow the Money: Just who bought all the Treasuries the issued in late 2008 and early 2009? … the Fed’s flow of funds data leaves little doubt that — at least during the first [...]

]]> By: bsetser http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-131974 bsetser Mon, 15 Jun 2009 04:01:39 +0000 http://blogs.cfr.org/setser/?p=5624#comment-131974 I'll let paul know you appreciated his hard work on the charts; I also think they are quite good. We will consider adding a few more. Jason -- don't know, really. it wasn't through mutual funds (separate line item). good question though. I simply am reporting the data from the flow of funds. Larry -- tis a bit more complicated. By sustaining demand, the government's borrowing keeps private income up and thus facilitates true deleveraging. if you pay down your debt but your income falls more, your leverage doesn't fall. and if a bank prunes its balance sheet but its losses cut its capital more, its leverage doesn't fall. this was one of Keynes insights i think -- namely that in the absence of government intervention, a self reinforcing downward dynamic can impede effective deleveraging. that said, there is no question that the public sector's debt -- and thus its leverage -- is rising. I’ll let paul know you appreciated his hard work on the charts; I also think they are quite good. We will consider adding a few more.

Jason — don’t know, really. it wasn’t through mutual funds (separate line item). good question though. I simply am reporting the data from the flow of funds.

Larry — tis a bit more complicated. By sustaining demand, the government’s borrowing keeps private income up and thus facilitates true deleveraging. if you pay down your debt but your income falls more, your leverage doesn’t fall. and if a bank prunes its balance sheet but its losses cut its capital more, its leverage doesn’t fall. this was one of Keynes insights i think — namely that in the absence of government intervention, a self reinforcing downward dynamic can impede effective deleveraging. that said, there is no question that the public sector’s debt — and thus its leverage — is rising.

]]> By: jimspassion http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-131970 jimspassion Mon, 15 Jun 2009 03:33:03 +0000 http://blogs.cfr.org/setser/?p=5624#comment-131970 K T Cat Real economy indicators show signs of stabilization. See in particular the charts on manufacturing sentiment, nonfarm payrolls, oil prices, and car sales. Nonetheless, many of these indicators remain worse than anything hitherto experienced in the post-war period. The collapse in the federal government’s finances is unprecedented, raising questions about how the government deficit will be brought under control. We’re borrowing a lot more with no indication that the economy is growing to service the new debt. Maybe those successful Treasury auctions are a bad thing as they allow us to delude ourselves that all this debt is still OK. I agree delude ion is a major problem and we don’t have any creditable benchmarks to work with all comparisons’ seem to differ- it’s hard to pin point like with like - my sources in AU have continued to paint a bleak picture of shipping things are very quiet (don’t believe all you hear that AU is avoiding recession) ships are going in and ships are going out yes but with a lot of empty containers on board. K T Cat
Real economy indicators show signs of stabilization. See in particular the charts on manufacturing sentiment, nonfarm payrolls, oil prices, and car sales.
Nonetheless, many of these indicators remain worse than anything hitherto experienced in the post-war period. The collapse in the federal government’s finances is unprecedented, raising questions about how the government deficit will be brought under control.
We’re borrowing a lot more with no indication that the economy is growing to service the new debt. Maybe those successful Treasury auctions are a bad thing as they allow us to delude ourselves that all this debt is still OK.
I agree delude ion is a major problem and we don’t have any creditable benchmarks to work with all comparisons’ seem to differ- it’s hard to pin point like with like – my sources in AU have continued to paint a bleak picture of shipping things are very quiet (don’t believe all you hear that AU is avoiding recession) ships are going in and ships are going out yes but with a lot of empty containers on board.

]]> By: Cedric Regula http://blogs.cfr.org/setser/2009/06/12/just-who-bought-all-the-treasuries-the-issued-in-late-2008-and-early-2009/#comment-131964 Cedric Regula Sun, 14 Jun 2009 23:12:38 +0000 http://blogs.cfr.org/setser/?p=5624#comment-131964 Jason: Retail investors can buy up to $30K/year direct from the treasury with no fees and commisions that brokers would charge. But I expect that many do it by buying bond funds or bond ETFs. http://www.treasurydirect.gov Jason:

Retail investors can buy up to $30K/year direct from the treasury with no fees and commisions that brokers would charge. But I expect that many do it by buying bond funds or bond ETFs.

http://www.treasurydirect.gov

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