Sat, Apr 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Currencies, ETFs / ETCs, Investment more

Are ‘Safe Havens’ still safe?

Posted on 01 October 2008

From Fox44: In finance, safety isn’t what it used to be. After a couple of money-market funds came perilously close to breaking the buck last week, and given the unsettling inflationary prospects of the government flooding the market with additional Treasury notes to finance the Wall Street bailout, investors are re-evaluating what constitutes a “safe haven.”

The yield on the three-month Treasury note dropped to zero on Sept. 18, so great was demand for short-term T-bills by nervous investors fleeing equity and money markets. That was of course before Treasury Secretary Henry Paulson announced plans to take toxic mortgage-backed securities off investment banks’ balance sheets….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930