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Anything-But-Treasuries Credit Gaining After AIG Ruin

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posted on Sep, 7 2009 @ 11:38 PM
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Okay this is a bit freaky or wierd.

On bloomberg right now, and the first link reads Anything-But-Treasuries Credit Gaining After AIG Ruin (it read AIG death in China, instead of AIG Ruin 10 mins ago)

www.bloomberg.com...

...Unfortunaltely there is no story posted


There is no reaction in th fx markets, I was wondering if anyone else sees this and may know what it means.

Hopefully its nothing.



posted on Sep, 7 2009 @ 11:54 PM
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I've been watching that headline for over an hour and a half, but there's no story attached.

I saw your thread, and hoped you'd gotten the story. Oh, well.

There IS a statement in the byline that says "Story to follow."

I read Bloomberg several times/day, and have NEVER seen this before.

I have no idea what to attribute it to, or what it means.

Gonna keep watching, though.

jw



posted on Sep, 7 2009 @ 11:55 PM
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Story can be found Here

Sounds like more unicorns and skittles (like my avatar) to me



posted on Sep, 7 2009 @ 11:59 PM
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reply to post by Wherestheproof
 


Okay, even freakier, now. My headline still reads "AIG Death in China."

Here's the weird part:

just below the AIG/Credit story is another one by different authors that reads "Stocks Cheapest Since '89 Show Why Analysts Say Economists Wrong on Growth ."

But NO STORY. Same "to follow" note at the byline!

Never seen this. Ever.

jw



posted on Sep, 8 2009 @ 12:07 AM
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reply to post by redhatty
 


Thanks. Found the blog, but Bllomberg still doesn't have it.

Story misses a central point, though.

High-risk debt (junk bonds) have had the highest return of any investment this year, regardless of when they were purchased! Whether bought in late 2008, early 2009, or since the March bull beagan, corporate debt has returned WAY more than treasuries, stocks, and even foreign investments.

The 18 primary dealers are dumping their treasuries over to the Fed, which has to buy them due to its earlier commitments, and plowing the cash into higher risk, but higher paying junk bonds.

Does this ring any bells for you?

Not really good news, especially with China and Japan trying to dump some of their treasury exposure as well.

Thanks for the link.

But, why doesn't Bloomberg carry the story THEY originated?

jw



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