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Topic: The bond market responds... (Read 1684 times)
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Jeffy
Katpak'r
Posts: 1590
Hello Wilbur.
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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AzCat
Combo-Fan
Posts: 963
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.
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ZmoneyKSU
Combo-Fan
Posts: 795
Re: The bond market responds...
«
Reply #2 on:
March 22, 2010, 10:36:43 AM »
:frank:
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Dirty Sanchez
Katpak'r
Posts: 1749
Re: The bond market responds...
«
Reply #3 on:
March 22, 2010, 12:03:40 PM »
Buffett over the messiah? Clearly racist.
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Stupid Fitz
Pak'r Élitaire
Posts: 4784
Go Cats
Re: The bond market responds...
«
Reply #4 on:
March 22, 2010, 03:24:36 PM »
The economy is still Bush's fault.
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Jeffy
Katpak'r
Posts: 1590
Hello Wilbur.
Re: The bond market responds...
«
Reply #5 on:
March 22, 2010, 03:32:58 PM »
Quote from: Stupid Fitz on March 22, 2010, 03:24:36 PM
The economy is still Bush's fault.
unquestionably.
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Dirty Sanchez
Katpak'r
Posts: 1749
Re: The bond market responds...
«
Reply #6 on:
March 22, 2010, 09:24:04 PM »
Quote from: Stupid Fitz on March 22, 2010, 03:24:36 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.
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The bond market responds...