Bending the Third Rail
Because We Should, We Can, We Do
Monday, January 29, 2007
Just a Note
A little reported event last week was the rising of long term interest rates. When the Treasury offered up it's bonds last week, demand was a bit disappointing, driving up interest rates. With many nations including the Saudi's, China and Japan indicating that they may be diversifying away from U.S. debt, we may be beginning to see a much more dramatic increase in interest rates.
Written at 2:25 PM by Greyhair.
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