tag:blogger.com,1999:blog-11027528911364475.post6365732276660002561..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: If Only the Treasury were a BankJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11027528911364475.post-28316675981316439882009-05-28T19:48:55.309-07:002009-05-28T19:48:55.309-07:00Anon1- you really think Citi is buying back their ...Anon1- you really think Citi is buying back their debt?Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-89300045042929254792009-05-28T14:14:52.088-07:002009-05-28T14:14:52.088-07:00Unfortunately it's not only the liabilities that l...Unfortunately it's not only the liabilities that loose market value when the intrest rates rise. The assets do as well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-38065976433088578142009-05-28T09:26:22.314-07:002009-05-28T09:26:22.314-07:00And to that I would add, does the US follow GAAP?!...And to that I would add, does the US follow GAAP?!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-14896943160050069062009-05-28T09:25:18.016-07:002009-05-28T09:25:18.016-07:00The accounting assumes the bonds will be repurchas...The accounting assumes the bonds will be repurchased below issue price. Is the Treasury really likely to start retiring debt? I'll plump for "no".Anonymousnoreply@blogger.com