What worries China should worry the U.S., and it's not the trade imbalance, or mortgage backed securities; it's Treasuries
When a country is under threat of invasion, it does what it must and it doesn't count the cost. But when the danger has passed, the debt remains. If big enough, it soon emerges as a serious national problem.
Interest rates on short-term U.S. Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged and rates on three-month bills rising to the highest level since February.The Treasury ...
Interest rates on short-term Treasury bills were mixed in Monday’s auction, with rates on six-month bills unchanged and rates on three-month bills rising to the highest level since February.
Greece Sells 1.3 Billion Euros of 13-Week Treasury Bills
Greece sold 1.3 billion euros of 13 week Treasury bills today with a uniform yield of 4.34 percent, according to the Athens-based Public Debt Management Agency. Investors bid for 2.32 times the securities offered, the agency said.
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