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General Discussion => The New Joe Montgomery Birther Pit => Topic started by: Jeffy on March 22, 2010, 10:11:02 AM

Title: The bond market responds...
Post by: Jeffy 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.
Title: Re: The bond market responds...
Post by: AzCat 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:
Title: Re: The bond market responds...
Post by: ZmoneyKSU on March 22, 2010, 10:36:43 AM
 :frank:
Title: Re: The bond market responds...
Post by: Dirty Sanchez on March 22, 2010, 12:03:40 PM
Buffett over the messiah?  Clearly racist.
Title: Re: The bond market responds...
Post by: Stupid Fitz on March 22, 2010, 03:24:36 PM
The economy is still Bush's fault.
Title: Re: The bond market responds...
Post by: Jeffy on March 22, 2010, 03:32:58 PM
The economy is still Bush's fault.

unquestionably.
Title: Re: The bond market responds...
Post by: Dirty Sanchez 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.