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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (29480)7/31/2009 5:42:40 PM
From: sea_urchin  Respond to of 81509
 
> Every day, a new chapter. Every chapter, another mystery. I must say the USD does look very weak on the chart....

.... but US Treasuries look surprisingly strong after the poor demand for them at the recent auction.



cnbc.com

>>The U.S. Treasury sold $39 billion in five-year debt Wednesday in an auction that drew poor demand, raising worries over the cost of financing the government's burgeoning budget deficit.

It was the second lackluster showing in as many days, convincing analysts that the stellar results of debt auctions just a few weeks ago were a fluke and that Thursday's $28 billion seven-year offering could suffer a similar fate.<<