• The market is flashing a scary new parallel to the financial crisis that should have everyone worried

    7 monthes ago - By Business Insider

    The US Treasury department is seeing the lowest level of auction demand since 2008.
    This can be construed as a financial-crisis signal, adding to a growing list of headwinds facing the US market.
    The US Treasury Department keeps running into a big issue as it auctions off the swelling amount of new government debt: the market just isn't that interested.
    That much was made clear throughout 2018. The Treasury Department offered $2.4 billion in notes and bonds over the course of the year, and investors submitted bids for just 2.6 times that amount. That marked the lowest demand since 2008...
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