Tag: Ecuador

Obviously we would add 10 zeros but you get the picture

The Trillion Dollar Coin would be bullish for Treasurys

I just wanted to follow up on Randy Wray’s last post to look at this Trillion Dollar Coin idea from an investing perspective. I believe the coin would be bullish for Treasuries because it lowers average Treasury duration and alters private portfolio preferences in a manner similar to quantitative easing. Otherwise, it has no real economy effects.