Just caught Rick Santelli talking about the U.S. needing to rollover $6 trillion in maturing debt in 2017. (He must have read Caroline Baum's article.)
If Rick checked the Treasury's website (https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=12032800.txt) he would have found out that the U.S. rolled over $32 trillion of debt THIS FISCAL YEAR ALONE without so much as a hiccup. And, by the way, interest rates have been coming down all along the yield curve, the Fed funds rate remained at zero, the dollar went up, stocks rallied, the economy grew, etc, etc, etc. In short, no disaster, no crisis, even though the amount rolled over was more than 5 times the amount that Rick is apparently worried about.
How does CNBC's chief bond guy not know this?????