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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (54227)	8/3/2006 1:02:30 AM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Any bidders?<g>--"Auctions of 30-year bonds to double in'07 WASHINGTON -- The Treasury Department, which brought back the 30-year bond this year to help handle a soaring federal debt burden, will double the number of auctions for the popular security next year. Treasury officials said yesterday that they will auction the 30-year bond quarterly in 2007, with the first auction scheduled for February. Treasury also announced it would sell $10 billion of the 30-year bonds next Thursday. That auction follows the initial sale last February, when $14 billion of the 30-year bonds were sold. The 30-year bond was discontinued in 2001, when the government was running large budget surpluses and did not need to borrow as much as it had in previous years of high deficits." timesdispatch.com!business&s=1045855934855