Bound by Bogus Bonds
One thing that befuddles and bedevils us is the trading in European bonds. Given the implications, for example, of what can happen to our banks if a European bond auction goes bad, we have to stay focused on the results of each auction.
But here's the problem: We often act as if these bond markets are similar to the bond markets of the U.S. -- that is, big, liquid and relatively perfect....401 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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