U.S. Notes Decline, Headed for Biggest Two-Week Loss Since 1982
Submitted by doctor011 on Fri, 04/25/2008 - 11:42
Treasuries fell, with two-year notes headed for the biggest two-week decline since at least 1982, as traders increased bets the Federal Reserve will stop cutting interest rates. Japanese bonds tumbled as inflation accelerated.
Yields on two-year U.S. securities, among the most sensitive to changes in borrowing costs, rose 72 basis points over the two weeks. Futures traders pared odds the central bank will lower rates after a quarter-point reduction on April 30, sending two- year yields above the Fed's rate for the first time since 2006. Japan's five-year notes were set for the biggest drop in nine years as consumer prices rose at the fastest pace in a decade.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aGLvaqZq...
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what if they hold off on the
what if they hold off on the rate cut?
I don't doubt the u.s. economy is in trouble but I don't think it will take a good hold on everyone for at least another six months. Everyone is still pretty positive except for the folks on this site. Look at gold and silver prices this week, the traders think the u.s. will get out of this rut. I hop they are right but everything schiff has demonstrated says otherwise.
moneychanger says gold should bottom somewhere around 850 and certainly not lower than 815 within the next week or so.
"Everyone is still pretty positive"?
The housing market is in a death spiral not seen since the Great Depression. Saving rates are negative (due to debt), consumer confidence is low, layoffs everywhere and President Bush finally hit the number needed to make him the least liked president in US history.
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Lisa C.
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Makes sense
Fortune Favors the Bold
The international players are trying to shore up the dollar. Only way they can do it is by depreciating relatively strong currencies, like the yen.
Fortune Favors the Bold
Don't take any wooden nickels or paper dollars!
I made this comment on another post, but it applies here as well.
We have to start teaching people around us the value of silver so that we can trade and barter with each other. As a kid many of us used to do this as a game with baseball cards, with silver it is just a matter of teaching people how to convert the value of silver coins to the value of worthless dollars. As it was pointed out below, if enough people did this the paper dollars would become worthless and our national debt would be zero!!
Translate please.
What does this mean?
It means this is the
It means this is the beginning of a major slowdown!
Short term rates are now rising
With surging costs for energy and food due to the weakness in the U.S. Dollar, people are starting to demand a higher return on short term fixed income assets.
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Freedom - Peace - Prosperity