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Bond market astrology is hard external link

Salon | by Andrew Leonard | Tue, Jun 23

Salon is the #1 News Source for United States Department of the Treasury

If it seems like the fate of the world hangs in the balance every time the U.S. Treasury auctions off another batch of bonds, that's because it kind of does. This week, the Treasury is scheduled to offer up for sale $104 billion dollars worth of two-year, five-year, and seven-year notes. That's...

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There is just one way to make the US government’s policy towards the banks work. That is for the Congress to vote another $1.5 trillion worth of additional TARP money for the banks - $1 trillion to buy the remaining toxic assets off their balance sheets, and $0.5 trillion worth of additional ca...
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