Thursday, December 25, 2008

America's Money Crisis

Government bonds resume rise in short session after two days of record auctions did little to stymie demand. Bond investors bought up Treasurys after government reports on jobs, durable goods, consumer spending and personal income confirmed continued economic weakness and a poor labor market.Dour economic news is expected to persist well into 2009 and Treasurys will continue to rise for at least several more months, pushing yields even lower.Lending rates between banks remained near record low levels.

1 comments:

Unknown said...

Hello! Very good post and your blog also is very good. That’s why we would like to invite you to the service LinkFromBlog.com – the place where you earn money just for writing in your blog. Visit the site and find more detailed information there. Make your blog work for you – it is very simple! Good luck.