The Buying in of Long-Term to save banks 2007-2010, Has Now Placed a Time Bomb at the Door

SovTimeBomb

Treasury Secretary Jack Lew made the following statement during remarks today before the Economic Club of Washington D.C.:

“[W]e are relying on investors from all over the world to continue to hold U.S. bonds.  Every Thursday, we roll-over approximately $100 billion in U.S. bills.  If U.S. bond holders decided that they wanted to be repaid rather than continuing to roll-over their investments, we could unexpectedly dissipate our entire cash balance.

Wonder why the Fed is Boxed-In?