Tuesday, September 6, 2011

(Nearly) Daily Reminder That Everything Is Screwy

. Tuesday, September 6, 2011

Treasuries now more expensive than they've ever been:

Treasury 10-year note yields fell to an all-time low today as concern the euro area’s debt crisis will cripple financial institutions underpinned demand for the safest assets. A government report Sept. 2 showed no jobs were added in August, reinforcing concern the U.S. economy has slowed which may prompt additional stimulus by the Fed.

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(Nearly) Daily Reminder That Everything Is Screwy
 
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