The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.

The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.

Normally, investors rush into Treasurys at a whiff of economic chaos but now they are selling them as not even the lure of higher interest payments on the bonds is getting them to buy.

The freak development has experts worried that big banks, funds and traders are losing faith in America as a good place to store their money.

  • known_unknown
    10·
    7 months ago

    It’s weird that nobody even considers systemic change as a possibility anymore

    I mean obviously we’ll need to hold another election before we can get somebody else in there and even see an opportunity, but if actual accountability were implemented that targets this, if citizens united would stop leaking billionaire influence into our groundwater, you COULD restore faith in America.

    I guess the issue is, how possible is any kind of anti-oligarchism policy, when they hold the whole government? And once, IF, we get the chance, is there anyone with the competency to get it implemented? Or will we blow it like we have every time since the reconstruction?

    • brucethemoose
      4·
      7 months ago

      The thing is many people consider Trump to be the systemic change they’ve been so desperately seeking.

      It’s almost understandable too, given how much has been frozen/worsening for so long.

    • wolfylow
      1·
      7 months ago

      Bold of you to think you’re getting another election