169. Treasuries bubble
ASTRO — By Dmitry Podolsky on January 7, 2009 at 10:05 am
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Dmitry Podolsky has got his PhD from Landau Institute for Theoretical Physics. He currently works as postdoc at Case Western Reserve University. He is also one of the editors of NEQNET.
NEW YORK, Jan 5 (Reuters) – Longer-maturity U.S. Treasuries prices fell steeply on Monday, extending the previous session’s sell-off as auctions later this week highlighted prospects for a swelling supply of government debt, analysts said. The government debt market’s tumble reflects analysts’ deepening fears that Treasuries now form a price bubble that will pop as some $2 trillion of supply inundates the $5 trillion market this year.
Wonna more? Kindly take a look at Barrons. And, as it seems, people have really appreciated the news:
So, the ultimate question now – should I go to US next year or stay in Europe. What do you think?
Via uzhas_sovka.
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