Tuesday, July 26, 2011

What will happen when Treasuries can no longer be used as collateral?

The selling came after back-to-back speeches late Monday by President Barack Obama and House Speaker John Boehner revealed no progress toward a deal crucial to raising the U.S. debt ceiling and preventing a default.


http://www.marketwatch.com/story/dollar-plunges-after-obama-boehner-speak-on-debt-2011-07-25?siteid=rss&rss=1

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