Author Topic: The bond market responds...  (Read 1514 times)

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Offline Jeffy

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The bond market responds...
« on: March 22, 2010, 10:11:02 AM »
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYUeBnitz7nU

the bond market says it is safer to lend to the Buffett than obamageddon...



March 22 (Bloomberg) -- The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama.

Two-year notes sold by the billionaire’s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity, according to data compiled by Bloomberg. Procter & Gamble Co., Johnson & Johnson and Lowe’s Cos. debt also traded at lower yields in recent weeks, a situation former Lehman Brothers Holdings Inc. chief fixed-income strategist Jack Malvey calls an “exceedingly rare” event in the history of the bond market.


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Offline AzCat

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Re: The bond market responds...
« Reply #1 on: March 22, 2010, 10:14:43 AM »
Took  Obama 426 days to singlehandedly destroy the credit rating of the US government.  This, too, is nothing but good news.   :bwpopcorn:

Offline ZmoneyKSU

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Re: The bond market responds...
« Reply #2 on: March 22, 2010, 10:36:43 AM »
 :frank:

Offline Dirty Sanchez

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Re: The bond market responds...
« Reply #3 on: March 22, 2010, 12:03:40 PM »
Buffett over the messiah?  Clearly racist.

Offline Stupid Fitz

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Re: The bond market responds...
« Reply #4 on: March 22, 2010, 03:24:36 PM »
The economy is still Bush's fault.

Offline Jeffy

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Re: The bond market responds...
« Reply #5 on: March 22, 2010, 03:32:58 PM »
The economy is still Bush's fault.

unquestionably.

Offline Dirty Sanchez

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Re: The bond market responds...
« Reply #6 on: March 22, 2010, 09:24:04 PM »
The economy is still Bush's fault.

Bush shot the economy in the gut.  The messiah is doing a double tap to the head.