Wednesday, December 28, 2011

U.S. Receives Record Demand For Its Bonds Under Obama, Helping The Deficit

U.S. Receives Record Demand For Its Bonds Under Obama, Helping The Deficit: pBloomberg News reports that the U.S. government received record demand for its bonds in 2011, “pushing longer-maturity treasuries to their best performance since 1995 in a sign that President Obama may have little difficulty” financing the budget deficit. The European debt crisis is driving investors to buy U.S. assets, allowing the government to get an [...]/p