Treasury Market Freezing Up is The Next Black Swan Event
The Heresy Financial Podcast - A podcast by Joseph Brown
The United States Treasury market is supposed to be the most liquid in the world. The Treasury is supposed to be the most stable financial instrument available around the globe. Yet the next black swan event could very easily be the US Treasury going, no bid. Liquidity in the bond market could dry up so severely that there are no more buyers at any price for United States Treasuries.