Credit Bubble Stocks

Friday, May 11, 2012

Barron's: "Where's Bill Simon When We Need Him?"

"In what may become a minor footnote in American financial history, the U.S. Treasury Wednesday sold 10-year notes with the lowest-ever coupon interest rate, 1.75%. And if there are enough dire headlines to spook risk markets Thursday, a further flight to safety may push long-term interest rates down a few more basis points and allow Uncle Sam to sell 30-year bonds with a record low 3% coupon."
CP at 5:31 PM

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