Prices soar 3% as the Fed's plan to buy $600 billion in Treasurys pressures the dollar and sparks inflation concerns. Silver gains 6.5%.
The numbers are about what Wall Street expected.
The important thing about the yellow metal is not where it's been but where it's going.
$2.2 billion in trust-preferred securities will be sold.
Twice the S&P 500 has faded after reaching 1,130. It's close again, and worries are growing. Japan sells yen to combat a falling dollar. Travelers may buy back more shares than thought.
The yield on the 10-year Treasury hits a milestone of sorts. What does this say about the global economy?
| Tags: | KimPetersonTreasurys |
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