How Oil Behaves Can Impact Demand — Or Lack Thereof — For Treasuries

posted in: Commodities, Credit, Economy | 0

One look at Chart 1, and it is not hard to imagine the possible repercussions of the collapse in crude oil.  The spot West Texas Intermediate crude traded at $107.68 in June last year, dropped to $42.41 in March, rose … Continued

Collapse in crude yet to adversely impact petrodollars’ demand for Treasurys

posted in: Commodities, Credit, Economy, Technicals | 0

As world’s largest debtor and one running deficit, U.S. needs constant demand for Treasurys Recycling of petrodollars has been reliable source of demand for U.S. federal debt So far, drop in price of crude has not adversely impacted this demand … Continued