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Treasury Bill Auction A Bust; "Euros Only" Signs In NYC

DriftingByTheStormDriftingByTheStorm Posts: 8,684
edited February 2008 in A Moving Train
Wow.

The 30-Yr Bond auction results are out and they are PISS POOR. Like REALY thin.

The implication is that the dollar is perceived to be so weak right now that large investors just don't want to be involved. The rates dipped below previous lows of mid-05 ...

CNBC is doing a report right now about retailers in NYC putting up signs saying "WE ACCEP EUROS" or "EUROS ONLY!"

ROFL.

Oh shit.

:rolleyes:
If I was to smile and I held out my hand
If I opened it now would you not understand?
Post edited by Unknown User on

Comments

  • jlew24asujlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    Wow.

    The 30-Yr Bond auction results are out and they are PISS POOR. Like REALY thin.

    The implication is that the dollar is perceived to be so weak right now that large investors just don't want to be involved. The rates dipped below previous lows of mid-05 ...

    CNBC is doing a report right now about retailers in NYC putting up signs saying "WE ACCEP EUROS" or "EUROS ONLY!"

    ROFL.

    Oh shit.

    :rolleyes:


    Rolling on Floor Laughing?
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