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IPFS News Link • Federal Reserve

Poor Treasury Auction hits Wall Street: China missing?

05-07-2009 • reuters.com/

"The auction is big news because now it's showing that maybe the Chinese don't want our bonds. If the cost of capital for the United States becomes more expensive, then the recession is going to take that much longer to get out of,"

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Reported By Jack Gregson

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Poor Treasury Auction hits Wall Street: China missing?

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