Tuesday, May 26, 2009

Creditworthiness United States - the main driver of market sentiment

Yen weakens the dollar and euro in Asian trading session. Players to buy foreign currency to the U.S. Treasury auction on sale of 2-year bonds, dealers said. Speculators now inactive. Basically, the market visible real-money accounts. U.S. Treasury plans today to sell 2-year bonds amounting to 40 billion dollars, a 5-year-old debt securities amounting to 35 billion on 27 May and 7-year paper in the amount of 26 billion on May 28. Also today, planned to sell 6-month and 3-month Treasury bills totaling 61 billion dollars. However, many players have expressed fears that the U.S. can lose the highest rating at AAA after Britain. The prices of bonds fall, causing the growth of profitability, the value of which still attract some Asian customers.

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