Friday, July 29, 2011

Invisible bond market vigilantes just yawn with a couple of days 'til Doomsday in the debt-ceiling brouhaha

Where the hell is "Harvey"?


Is this whole crazy episode just political kabuki? The bond market seems to think so - and their "any day now" but currently-still-invisible loss of faith in the US' ability to pay its debts, after all, is supposed to be our master in the march toward austerity.

Brad DeLong has it HERE.

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