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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Podsiadlik who wrote (4564)11/20/2008 4:55:06 PM
From: RockyBalboa  Respond to of 6370
 
Quite the opposite. Getting the gov in requires massive issues of bonds as well as refi needs. It will be hard to convince folks to buy bonds at such low yields and if they don´t sell long bonds the financing becomes unsound. For now, it only signals rampant deflation.

Gasoline now below $1 / gal on the exchange. I don´t remember gasoline trading there; do you?