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To: Kartographer

World investors are backing off the US markets.


3 posted on 07/29/2009 11:55:28 AM PDT by taxtruth
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To: taxtruth

Wall street is now called Sucker street by Asians investors.


5 posted on 07/29/2009 11:57:06 AM PDT by taxtruth
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To: taxtruth
The auction's bid-to-cover ratio, a measure of demand, dropped to 1.92 percent from 2.58 percent

A 25% drop....

6 posted on 07/29/2009 11:59:39 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: taxtruth
No, they really aren't. The treasury has released the latest foreign assets position report and it is up oh a modest $550 billion over the past year.

Whoops, doom monger don't tell you that do they? But it is a mechanical consequence of the trade deficit.

Meanwhile the headline oohs and ahhs over a move of 0.05% in the 5 year note, up to a ruinous 2.64% from 2.59%. Wow that's dire. Oh and the same day the 10 year droped 0.02% and the 30 year 0.04%. The very steep yield curve is "shallow-ing", that is all.

12 posted on 07/29/2009 12:10:14 PM PDT by JasonC
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