"Selling America" redux
American assets continue to be sold aggressively. The Dollar Index is down 59 basis points to 79.94. The long bond futures are off 25/32 (the day's low). The 10-year Treasury Note yield is up just over 5 basis points to 3.42%. And gold is up more than $5 to around $960. When will someone in government come out and say "Bernanke, you're doing a heck of a job" I wonder?
UPDATE: Oops. Down goes Frazier! Bond futures just undercut their recent price lows. Down 1 1/32 at last count.
UPDATE: Oops. Down goes Frazier! Bond futures just undercut their recent price lows. Down 1 1/32 at last count.
0 Comments:
Post a Comment
<< Home