Thursday, July 30, 2009
Weak Treasury Auctions Raise Worries About US Debt Burden
The U.S. Treasury sold $39 billion in five-year debt Wednesday in an auction that drew poor demand, raising worries over the cost of financing the government's burgeoning budget deficit.
It was the second lackluster showing in as many days, convincing analysts that the stellar results of debt auctions just a few weeks ago were a fluke and that Thursday's $28 billion seven-year offering could suffer a similar fate...
CNBC: Weak Treasury Auctions Raise Worries About US Debt Burden
It was the second lackluster showing in as many days, convincing analysts that the stellar results of debt auctions just a few weeks ago were a fluke and that Thursday's $28 billion seven-year offering could suffer a similar fate...
CNBC: Weak Treasury Auctions Raise Worries About US Debt Burden
Permalink posted by markw @ 5:43 AM 
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