Word: bondses
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But in return for that money, the Treasury gave the trust fund U.S. bonds--a wad of IOUs--and it's unfair to imply, as the commission does, that they have the value of, say, Confederate dollars. What the commissioners left out is that no one believes Uncle Sam will...
WHAT IT MEANS FOR THE U.S. The growing discontent over Europe's currency system could prove disastrous here, because many foreign investors holding euros would probably switch to dollar-denominated investments. That might help bonds and to a lesser degree stocks, but another consequence would be to thrust the greenback...
What It Means for the U.S. The growing discontent over Europe's currency system could prove disastrous here, because many foreign investors holding euros would probably switch to dollar-denominated investments. That might help bonds and to a lesser degree stocks, but another consequence would be to thrust the greenback...
There's more. Large Japanese companies will begin selling their U.S. assets to raise cash. "We're already seeing this selling in the U.S. stock market and in real estate," says Behravesh. "Treasury bonds may be next." If so, U.S. interest rates could go higher, and that would downshift the...
The reasoning, it seems, is yet another twist on the axiom that "bad news for Main Street is good news for Wall Street." That saw is predicated on the notion that bad economic news means the Fed is more likely to cut interest rates, cheering stocks and bonds alike with...