Thursday, July 30, 2009

Lack Of Interest In US Treasury Action!

On CNBC: Weak Treasury Auctions Raise Worries About US Debt Burden

  • The U.S. Treasury sold $39 billion in five-year debt Wednesday in an auction that drew poor demand, raising worries over the cost of financing the government's burgeoning budget deficit.

    It was the second lackluster showing in as many days, convincing analysts that the stellar results of debt auctions just a few weeks ago were a fluke and that Thursday's $28 billion seven-year offering could suffer a similar fate....

Concerns and worries.

Do see this posting also: Who Is Going To Lend US Money To Fund Its $2 Trillion Deficit