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mcmike

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mcmike

Re: baletwine post# 170833

Wednesday, 09/17/2008 9:45:47 PM

Wednesday, September 17, 2008 9:45:47 PM

Post# of 376166
good pick: DGP

did you see where U.S. treasuries actually had a tick for a negative yield today.

don't hardly understand this at all except there is a flight to real assets now; evidently the credit markets are locked up

"For a brief moment on Wednesday, bond investors paid the U.S. Treasury to hold their money. The yield on short-term Treasury bills dipped below zero Wednesday afternoon, and was a mere 1.4 basis points, or 0.014%, in late New York trading.

http://www.forbes.com/markets/emergingmarkets/2008/09/17/treasuries-yields-panic-markets-bonds-cz_do_0917markets29.html


TRADING: "More Signal...less Noise"


LIVING: "One World, One Family, Warm Heart" Dalai Lama

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