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Thursday, July 28, 2011 2:21:19 AM
CHART OF THE DAY: People Are Worried Uncle Sam Won't Pay Them
Joe Weisenthal | Jul. 27, 2011, 4:34 PM
In addition to the stock carnage today, the most alarming action was at the short end of the yield curve, where rates have basically hugged the 0%-line for ages.
Here's a look at 2-year Treasury futures (via CME), which fell notably today, before bouncing back (marginally).
People are worried about getting paid.
Joe Weisenthal | Jul. 27, 2011, 4:34 PM
In addition to the stock carnage today, the most alarming action was at the short end of the yield curve, where rates have basically hugged the 0%-line for ages.
Here's a look at 2-year Treasury futures (via CME), which fell notably today, before bouncing back (marginally).
People are worried about getting paid.
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