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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (213159)7/29/2009 1:33:05 PM
From: James HuttonRead Replies (1) | Respond to of 306849
 
Yeah, you get people knee-jerk buying treasuries when the market goes down versus the lack of demand depressing price from these crummy auctions. Net = 0.

Auction tomorrow should also be interesting.

As an aside, I was looking to rent a typewriter to fill out an application for something. I called the local Kinkos to see if they had one, and the fellow who answered the phone didn't know what a typewriter was.



To: Peter V who wrote (213159)7/29/2009 10:08:39 PM
From: posthumousoneRead Replies (1) | Respond to of 306849
 
TBT is in red because timmy says all is well....

U.S. Assures a ‘Concerned’ China It Will Shrink Record Deficit

By Rob Delaney and Rebecca Christie

July 27 (Bloomberg) -- The Obama administration’s economic leaders assured Chinese counterparts they will rein in a record budget deficit as China underscored its concern about preserving the value of its holdings of Treasuries.

“China has a huge amount of investment in the U.S.” and “we are concerned about the security of our financial assets,” Assistant Finance Minister Zhu Guangyao said in a press briefing at the end of the first of two days of talks in Washington. Treasury Secretary Timothy Geithner said in opening remarks that the U.S. will ensure a “sustainable” deficit by 2013. ..more