Professor, Why Aren't Treasuries Plummeting?

I don't get it. Shouldn't we be seeing 8% 10-year Treasury yields if the US debt crisis is so serious? If I were paying attention during the Eurozone crisis, I would probably know the answer to that, but I was too busy riding Harry Winston.

I had another bright idea today and it was along the lines of my Lehman bankruptcy play. I wanted to catch some falling Treasury bonds and buy Bernanke at maybe 50 cents on the dollar. It hasn't happened yet, but if it does, people all over the world would be crying conspiracy theory.

So what about Obama's semi-threat to plead the 14th amendment?

MS seems to be on life support and I'm not sure there's even a pulse. Let Nurse ForexDiva examine you, MS...

-1.28% SBA

+0.15% Roth IRA

-0.51% DJIA

+0.05% Nasdaq

-0.32% S&P

I'm secretly praying that the Nikkei will turn out to be the winner as the US joins Europe in a woeful debt defying symphony. Or should I turn east and set my sights on the market named after 9 Figure Man? Yes, he has a bourse named after him... and even an oil company...

If only I had pleased him more...