- Geithner to Urge Chinese Leaders to Rely Less on Exports
- If the Chinese economy can rely on internal consumption, they will not need to export in exchange for worthless US Treasuries.
- What's driving the great bond freak out
- I think people who think there will be a recovery, move from Treasuries to stocks, while people who don't believe in a recovery, move from Treasuries to commodities. Either way, Treasury prices decrease (yields increase).
Thursday, May 28, 2009
New nails in the dollar's coffin:
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