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"Bond market calls Fed's bluff as global economy falls apart"

Discussion in 'Politics & World News' started by Toshi, Feb 8, 2009.

  1. Toshi

    Toshi Harbinger of Doom

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    http://www.telegraph.co.uk/finance/...et-calls-Feds-bluff-as-world-falls-apart.html

    and that bond data that he refers to: http://www.bloomberg.com/apps/news?pid=20602007&sid=a6dvaVgQp8d8&refer=govt_bonds

    is the original article's author correct, and is the world (china) tired of buying american treasuries, thus increasing our cost of borrowing at a time of unprecedented borrowing for war and stimulus? well, we'll find out soon...

     
    #1 -   Feb 8, 2009

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  2. Toshi

    Toshi Harbinger of Doom

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    hmm. 10 year bond yield is at 2.83 today, so the market at large still is buying them eagerly, at least at this point.
     
  3. dante

    dante Unabomber

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    Yup. I'd be annoyed at my TBT holdings are down 4.7%, except the rest of the market is down... 4.7%.

    [facepalm]