Gaps are ALWAYS filled.
I await Sec. Bessent's Bond buyback programs to really ramp up. Only $38T to go!
Still wondering what the recourse is if fraudulently auctioned….
If bonds are auctioned to the public to contimue the fraud, isn't it a reasonable question, since they're ultimately the fruit of a crime?
That the bonds were auctioned at all, just to finance the fraud. The buyers in the auction being defrauded just by being the original purchaser. That's what I'm questioning, because, as we all know "Fraud vitiates Everything". (BondTraderFag, here.)
The US Treasury needed cash to fund govt as well as the various reimbursement schemes in say MN. If fraud is part of that crime, is the federal govt complicit in continuing the fraud by selling say T-Bills to raise the cash for the fraud? The sale of US Treasuries, in part, were sold at auction to finance these reimbursement scams.
Have the bonds been sold in a fraudulent manner? That's the risk I rise question.