As Treasury Yield Nears Zero, Paulson And Bernanke Testify In Congress
Posted on November 18, 2008 at 09:42 AM EST
The banks are in chaos. The US T-Bill yield is almost zero. Commodity prices are collapsing. Traders are desperate. What next? Well, today the Treasury Secretary and the Chairman of the Federal Reserve Bank testify in Congress. This ought to be an interesting day. Yesterday, the DJIA (-223.73 -2.63% to 8273.58), S&P 500 ...
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