Posts Tagged ‘treasury yields’
Stocks Will Drop; Banks Will Go Belly Up – Roubini
Thursday, March 26, 2009 20:38 3 CommentsThe stock market will drop as major banks go belly up says Nouriel Roubini, the NYU economist that successfully predicted the current economic collapse. Below is the text from an interview Mr. Roubini gave today on Bloomberg TV.
U.S. stocks will fall and the government will nationalize more banks as the economy contracts through the end [...]
Investors Buy $32 Billion in Treasury Bills with ZERO Yield
Tuesday, December 9, 2008 15:26 56 CommentsToday’s treasury auction outlined the panic that still dominates the financial markets. $36 Billion in T-Bills were auctioned off today which gave a 0% yield. Why would anyone be willing to make an investment in which they are guaranteed to make nothing? The one word answer is “Fear.”
Because treasury bills are direct obligations of the [...]
