This page has been archived and commenting is disabled.

Bonds Start Pricing In 6-Week "Can Kicking" As Nov/Dec Bills Sell Off

Submitted by Tyler Durden on 10/10/2013 09:25 -0400

As investors "celebrate" a potential can-kicking "resolution" - the T-Bill market is pricing in a recurrence of the catastrophe in just 6 weeks. While the shortest-dated bills are rallying, the End-November to mid-December bills are selling off dramatically... the 12/05/13 Bills are now +8bps to 12bps.

- advertisements -

Thu, 10/10/2013 - 09:28 | 4041040 Devotional

"it's the final countdown" - Europe, 1985 ---> rock band. if this song stays in your head for the rest of the day message me.

Thu, 10/10/2013 - 09:30 | 4041060 Dr. Engali

Thanks for nothing.

Thu, 10/10/2013 - 09:30 | 4041066 Devotional

sorry man ... but that song comes to mind as I watch the muppet show.

Thu, 10/10/2013 - 09:34 | 4041085 Fogey

Thu, 10/10/2013 - 09:46 | 4041128 Stackers

more ups and downs than an E ticket ride at DisneyLand

Thu, 10/10/2013 - 09:36 | 4041086 Fogey

I have seen them live. They still rock. Their latest album Bag of Bones is very depressing.

In the title track they ask the listener.

And my city lies in ruins
In the stone cold light of day
And I'm shifting through the rubble
How did it get this late?
How did it get this late?

Thu, 10/10/2013 - 09:49 | 4041135 pods

Thanks for that.

Doo da doo doo, do da do do doooo............................

pods

Thu, 10/10/2013 - 09:27 | 4041046 Fogey

Uh?

Ah?

But!?

Thu, 10/10/2013 - 09:26 | 4041049 Grande Tetons

What will this do to the Santa rally in the equity markets?

Thu, 10/10/2013 - 09:30 | 4041070 kito

santa just retired, mrs. kringle is in now in charge of the ongoing 4 year gift rally

Thu, 10/10/2013 - 09:36 | 4041087 Grande Tetons

Mrs. Kringle just stepped into a big pile of steemy reindeer shit.

Thu, 10/10/2013 - 09:40 | 4041107 eclectic syncretist

Right about next tuesday, when INTC, citigroup, and coca-cola report quarterly earnings and outlook, we should start getting a better read on just how much the ongoing dilution of the USD is helping the "real" economy.

Thu, 10/10/2013 - 09:41 | 4041109 kito

rumor has it that mrs kringle not santa, was really the one all of these years that has been printing all of the reindeer feed. the more feed an animal gets, the more shit.

Thu, 10/10/2013 - 09:30 | 4041056 Dr. Engali

I know something I'd like to kick to the curb and it's not a can. It begins with a con and ends with a gress.

Thu, 10/10/2013 - 10:14 | 4041211 moonstears

Actually Sen-ate, Con-gress did what they were to do, though I'll aree they all generally suck.

Hey, BTW, while our guys were sleepin', China made a Yuan/Euro deal 10/10 am:

http://money.cnn.com/2013/10/10/news/economy/ecb-china-currency/index.html

Thu, 10/10/2013 - 09:30 | 4041062 lolmao500

Congress : thank god for insider trading being legal for us!

/im sure congress made tens of millions in the last 2 weeks.

Thu, 10/10/2013 - 09:31 | 4041074 Fogey

Next month - hopefully - the new gaming consoles will be released on the global market. I hope that the republicans and the democrats will raise the debt-ceiling so there will be no further delays of the release.

Thu, 10/10/2013 - 09:34 | 4041081 Kaiser Sousa

Nice takedown of Gold and Silver right before the open n New York again. ..

Just like every open over the last 4 fucking years. ..

Coincidence......

Thu, 10/10/2013 - 09:52 | 4041150 eclectic syncretist

That's funny. This Buffalo round 1 oz. silver coin I like to carry around in my pocket feels every bit as good as it did yesterday.

Thu, 10/10/2013 - 09:49 | 4041134 KidHorn

So the furloughed workers will get an additional 6 weeks paid vacation. Remind me again, how are the pubs saving the gov't money?

Thu, 10/10/2013 - 10:04 | 4041192 vote_libertaria...

6 weeks? Well I'm sure everything will get fixed by then.

BWAHAHAHAHAHAAHAH!!!!!!!!!

(ow, I think I cracked a rib laughing so hard)

Thu, 10/10/2013 - 11:12 | 4041501 deerhunter

I have a Morgan silver dollar in my pocket dated 1923. I ask store clerks wherever I go if they know what real money looks like. Can you say "deer in the headlights"? The only ones that get it seem to be from eastern countries, say India or one of the Stans. I still like how it feels, kind of warm and tingly on my leg in my pocket. Did you know you can cut through an ice cube with a silver coin? Try it on your grandkids. Heck, try it on your banker. Good day all.

Bonds Start Pricing In 6-Week "Can Kicking" As Nov/Dec Bills Sell Off

Comment viewing options