donger signs for US dollar

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Wed May 1 18:32:50 PDT 2002



>> The US govt had to sell bonds in April for the first time since 95. What a
>> mess. I'm waiting for O'Neil's testimony on Wed. Will he make a "mistake"
>> and say something that will resume the dollar slide?
>
> The US Treasury hasn't auctioned 30-yr Bonds since October 2001.
> Did they resume the auction in April? Or are you talking about
> something else?

Near as I can tell, auction operations in April were identical to those in April '01: two 2yr auctions -- one on the first, and one on the 30th. Also: there was a 30yr auction in April of '99 ...

So, uh, what?

/jordan



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