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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (12792)10/9/2008 4:51:23 PM
From: Real Man  Respond to of 71454
 
$700 billion is financed in T-bonds, of course. Looks like
this was the reason - supply.

biz.yahoo.com

On Wednesday, the Treasury department announced an additional $30 billion of government bonds for sale. The government auctioned $20 billion of reopened 10-year notes Wednesday and sold another $20 billion Thursday. In addition, Treasury auctioned off a $30 billion cash management bills Thursday. "There is a ton of supply coming down the road in Treasurys," said Rupert.



To: The Ox who wrote (12792)10/9/2008 4:58:15 PM
From: benwood  Read Replies (1) | Respond to of 71454
 
I think regardless of what THEY want, THEY have lost all frickin' control and they are now trying to get to 10 seconds so they can get off the brahma bull, and even then the can still be crushed to death.

And by 'they' I mean all of us.


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