Showing posts with label hikes. Show all posts
Showing posts with label hikes. Show all posts

Tuesday, 28 July 2009

Flooding the markets

Rates in the US are going up again.
The 2-year auction of Treasury paper was a disappointment. Again.
42 bln USD were auctioned. Who bought?

And it’s not over. Also today 27 bln 1 year were auctioned, tomorrow we have 39 bln 5-years and on Thursday there is 28 bln USD 7-year paper;
Good luck. Well the Chinese are in Washington (150 people) so they have something to discuss, I suppose.


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