Tuesday, September 30, 2008

Over-exaggerated - Asian Markets down 0.16%, 2% and 4.12%. Not exactly a plummet. The Paulson Problem is an American 'thing.'

Buy Bonds !

Market Summary
At 3:07 AM ET: Treasuries in London are mixed across the curve today as the 2-year note is down 8/32 to 100 14/32, yielding 1.75%, up from 1.61% at the previous close. The benchmark 10-year bond is down 16/32 to 102 31/32, yielding 3.63%, up from 3.57% while the 3-month T-bill's current discount rate is little changed at 0.13%. The discount rate on the 6-month T-bill is up 0.24 percentage points to 1.44%.



3.63% - US Treasury Bonds. Gee. What a way to make money.


4.12%


0.16%



2%