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Strategies & Market Trends : The coming US dollar crisis

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To: RockyBalboa who wrote (17861)2/22/2009 5:09:04 PM
From: Tommaso1 Recommendation  Read Replies (2) of 71456
 
"U.S. government bonds returned 14 percent last year including price gains and reinvested interest, the most since rallying 18.5 percent in 1995, according to indexes compiled by Merrill Lynch & Co. Concern that the flood of bonds would overwhelm demand caused Treasuries to lose 3.08 percent in January, the steepest drop in almost five years, Merrill data show."

(from Bloomberg)

Wonder what the Chinese will think when they LOSE 20% or more in a year on their treasuries.
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