Treasuries rose, pushing rates on the three-month bill negative for the first time … The Treasury sold $27 billion of three-month bills yesterday at a discount rate of 0.005 percent, the lowest since it starting auctioning the securities in 1929. The U.S. also sold $30 billion of four-week bills today at zero percent for the first time since it began selling the debt in 2001.
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here. — Warren Buffett
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WSJ What's News Late Edition, March 10, 2010by The Wall Street Journal 10 Mar 2010 at 4:51pm
Stocks inch higher with the NASDAQ posting the biggest gain; wholesale inventories drop unexpectedly in January as demand surged; and the government posts its largest monthly deficit ever.
Jeffrey Saut Daily Audio Comment Raymond James
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