“…Treasuries have become a form of insurance against their own downgrade.” [Chris Reese. Bonds climb with safety buying as stocks dip. Reuters. July 26 2011]
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“…Treasuries have become a form of insurance against their own downgrade.” [Chris Reese. Bonds climb with safety buying as stocks dip. Reuters. July 26 2011]
One reply on “[2403] The world has gone crazy”
[…] yes, who can forget the craziness of the Treasuries are an insurance to its own downgrade? The magic of reserve […]