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ECONOMICS - CHART OF THE DAY: The Housing Bust Gave Birth To A Trillion Dollar Buyer Of US Treasuries

UBS's Maury Harris, who is frequently recognized as the most accurate economist on Wall Street, shared an important chart with Business Insider when we had lunch with him last week. It compares the year-over-year change in U.S. Federal government debt and home mortage debt for each year since the heyday of the housing bubble. "Over the past 6 years, an around $1 1/8 trillion downsizing in per annum net home mortgage financing has accompanied an a ...chart of the day, treasury bond demand, december 2012

http://www.businessinsider.com/maury-harris-on-treasury-bond-demand-20

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