- Mark Hendricks is as handsome as last year. He is also giving out the same jokes and pop quizes as last year's.
- What is the current value of Dow? Around 13300.
- What is the current rate of 10-year note? Around 1.69.
- Is there more treasury debt outstanding or mortgage backed securities debt outstanding?
Market size and liquidity
As of the second quarter 2011 there is about $13.7 trillion in total U.S. mortgage debt outstanding.[27] There are about $8.5 trillion in total U.S. mortgage-related securities.[28]About $7 trillion of that is securitized or guaranteed by government sponsored enterprises (GSEs) or government agencies, the remaining $1.5 trillion pooled by private mortgage conduits.[27]
According to the Bond Market Association, gross U.S. issuance of agency MBS was:
- 2005: USD 0.967 trillion
- 2004: USD 1.019 trillion
- 2003: USD 2.131 trillion
- 2002: USD 1.444 trillion
- 2001: USD 1.093 trillion
Historical Debt Outstanding - Annual 2000 - 2010
Includes legal tender notes, gold and silver certificates, etc.
The first fiscal year for the U.S. Government started Jan. 1, 1789. Congress changed the beginning of the fiscal year from Jan. 1 to Jul. 1 in 1842, and finally from Jul. 1 to Oct. 1 in 1977 where it remains today.
To find more historical information, visit The Public Debt Historical Information archives.
| Date | Dollar Amount |
|---|---|
| 09/30/2010 | 13,561,623,030,891.79 |
| 09/30/2009 | 11,909,829,003,511.75 |
| 09/30/2008 | 10,024,724,896,912.49 |
| 09/30/2007 | 9,007,653,372,262.48 |
| 09/30/2006 | 8,506,973,899,215.23 |
| 09/30/2005 | 7,932,709,661,723.50 |
| 09/30/2004 | 7,379,052,696,330.32 |
| 09/30/2003 | 6,783,231,062,743.62 |
| 09/30/2002 | 6,228,235,965,597.16 |
| 09/30/2001 | 5,807,463,412,200.06 |
| 09/30/2000 | 5,674,178,209,886.86 |
- He skipped three pop questions...
- What's the primary way US firms raise financing? Foreign firms?http://economics.about.com/od/smallbigbusiness/a/corp_capital.htm
- Which market is larger? Equity derivatives or interest rate derivatives?
- Damn... Answers remain a question mark!
