RPT-No sense of crisis in U.S. Congress as automatic cuts loom again

Comments (1)
WJL wrote:

It is not the deficit hawks running the show. It is not China nor Japan who has increased their Treasuries holdings this month. It is American and European superannuation funds and money market institutions who are selling Treasuries and increasing bond yields. The boat is sinking and it is ourselves shooting ourselves in the foot, the rats are abandoning the boat.

Feb 03, 2013 3:46pm EST  --  Report as abuse
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