Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

For The First Time On Record, The US Government Is ‘Riskier’ Than US Banks

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Zero Hedge
October 8, 2013

During the European crisis, we saw sovereign debt yields rising way above their domestic banking sector’s yields as investors feared systemic crisis and technical flows dominated the price action amid aggressive hedging. Now, with Washington looking increasingly likely to crash upon the shores of a US Treasury technical default, for the first time on record the yield on short-term Treasury-Bills is above the yield on US interbank loans. T-Bill yields (the US government’s “risk”) have surpassed short-term LIBOR (US Banks’ “Risk”)… must be a good reason to BTFATH…

The yield on Treasury Blls (US Government risk) is above that of LIBOR (US bank risk)

For The First Time On Record, The US Government Is Riskier Than US Banks 20131008 invert2 0

(of course there are many technical issues impacting this spread but the fact that this is the first time on record is critical for investors to recognize that the US equity market’s nonchalance is misplaced)

and the 1m1y inversion continues to invert faster and faster… as our suggested trade pushes further into the money

For The First Time On Record, The US Government Is Riskier Than US Banks 20131008 invert1 0

This article was posted: Tuesday, October 8, 2013 at 10:29 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Al Sharpton: Mob Rat For The FBI See the rest on the Alex Jones YouTube channel.

Epic Fail: New Yorkers Disobey New Gun Laws See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.