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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