Daily Archives: Friday, March 11, 2011

Smart Money Sells U.S. Treasuries

One of the world’s largest and most respected bond funds announced Wednesday it had reduced its exposure to U.S. government securities to zero in light of rising yields, which are inversely related to a bond’s value. Given the right’s refusal … Continue reading

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Posted in Business, Finance and Economics, Investing, Policy, Politics | Tagged , , , , | 3 Comments