Has U.S. Debt Lost Its Safe Haven Status?
With Europe patching up its problems, the Treasury attempts to sell another $78 billion in debt this week.
The nearly $1 trillion rescue package put together by the European Union and the International Monetary Fund eased fears that Greece's debt crisis could spread. But reassuring news and calm markets make the job of selling U.S. government debt more difficult.
Jittery investors love Treasury notes, but if they're no longer nervous, will they still show up for Treasury auctions?
The Indian Rupee will be the new global Currency ?
http://www.forbes.com/2010/05/11/de...y-markets-bonds.html?boxes=marketschannelnews
With Europe patching up its problems, the Treasury attempts to sell another $78 billion in debt this week.
The nearly $1 trillion rescue package put together by the European Union and the International Monetary Fund eased fears that Greece's debt crisis could spread. But reassuring news and calm markets make the job of selling U.S. government debt more difficult.
Jittery investors love Treasury notes, but if they're no longer nervous, will they still show up for Treasury auctions?
The Indian Rupee will be the new global Currency ?
http://www.forbes.com/2010/05/11/de...y-markets-bonds.html?boxes=marketschannelnews
