Uncle Sam Wants You. . .to Buy Treasury Bonds

The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, “safe” T-bonds m…

The Junk-Bond Market’s Best Days May Be Behind It

As small investors flee the low returns of Treasury bonds, many have piled into high-yield debt — also known as junk bonds. Problem is, as one pro puts it: “The trade when you could buy anything and make money ended six months…

Social Insecurity: Inside the ‘Trust Fund’ Illusion

Washington has been borrowing Social Security’s surpluses for decades and issuing IOUs in return. However, the ability to pay those IOUs depends on the Treasury borrowing more money on global bond markets at affordable rates. T…