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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John McCarthy who wrote (93945)2/9/2009 8:20:55 AM
From: ajtj99  Read Replies (1) of 116555
 
My understanding of the process would suggest bonds would be sold as money flees the USA. Better to get out than see what you own drop in value.

That's one reason cheap bonds are the bastion of a reserve currency.
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