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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (53273)	2/9/2006 4:17:27 PM
From: shades	Respond to of 110194

DJ US Senators Seek To End China's Favored Trade Status -2- . Graham, Dorgan, Schumer and others have been critical of the Bush administration's slow pace in enforcing U.S. trade agreements with China, but Graham said U.S. businesses also bear responsibilities. Graham said agreements by Yahoo! Inc. (YHOO) and other Internet service providers to help "monitor" Chinese citizens pushed him to introduce the trade bill "They are using our business infrastructure to do it," Graham said. "That makes me very upset - and ashamed, to be honest with you." Shi Tao, a Chinese business journalist, was tried and convicted with help from emails reportedly handed over by Yahoo to Chinese authorities. The journalist was sentenced to 10 years in prison after sending an email abroad containing notes about a government memo on media relations. And last month Google Inc. (GOOG) announced it had reached an agreement with the Chinese government to censor search results from its Internet search engine for Chinese users. Google said at the time that withdrawing from the Chinese market would have done more harm than offering a censored product. Critics said Google was simply afraid of losing access to the lucrative market. At the press conference Thursday, Graham recounted how in 1987, President Ronald Reagan stood at the Brandenberg Gate in West Berlin and challenged Soviet leader Mikhail Gorbachev to "Tear down this wall." "Our message to the Chinese is 'When you build a wall to oppress your people, can we sell you some bricks?'," Graham said. -By John Godfrey, Dow Jones Newswires; 202-862-6601; John.Godfrey@dowjones.com (END) Dow Jones Newswires

To: GST who wrote (53273)	2/9/2006 4:19:42 PM
From: russwinter	Read Replies (3) \| Respond to of 110194

I'm still hard pressed as to who bought these auctions, and which FCBs and indirect bidders were instrumental. They took $14.316 billion (54%) of the $28.68 billion tens and thirties, and seemed to care less about the yield. Plus the Fed monetized $1.682 billion as well, so that's $16 billion (56%) picked up by central banks, unprecendented. publicdebt.treas.gov publicdebt.treas.gov As importantly what was their motivation, sure not for "reserve holdings"? A ten and thirty year Treasury is not what you want for currency reserves, it's speculative.