U.S. debt suddenly draws weaker demand as $10 trillion must be rolled over this year amid Iran war. 'The bond market rem

[Yo_Mama_Been_Loggin]

remains undefeated’

President Donald Trump’s war on Iran is colliding with U.S. debt investors, who demonstrated less appetite for Treasury securities as hopes for a quick end to the conflict evaporate.

This past week, auctions for two-, five- and seven-year Treasury notes all drew weak demand, forcing yields to go higher than expected. That’s a stark contrast from last month, when a Treasury offering saw the highest demand ever in the history of 30-year auctions.

The short end of the yield curve is under extra pressure as soaring oil prices boost the inflation outlook and put additional rate cuts from the Federal Reserve on hold, with odds of a rate hike also increasing.

Meanwhile, the cost of the U.S. war on Iran is worsening the debt picture amid reports the Pentagon is seeking $200 billion from Congress. Not only has the military depleted much of its most expensive munitions that must be replenished, Iranian attacks have damaged or destroyed U.S. aircraft, radar systems, and bases.

https://finance.yahoo.com/economy/policy/articles/u-debt-suddenly-draws-weaker-165737755.html

Trump runs America like he ran his businesses.

[LakeVermilion]

1. He never went to class in college...

because he knew more than the professors, or the material wasn't important.

What a dumbass.

[sinkingfeeling]

2. Yeah, into the ground.