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Doomsday Scenario: Lame Treasury auctions, travel numbers shot down

Posted Mar 25th 2009 5:40PM by Alex Salkever (RSS feed)
Filed under: Bad News, Recession

Another day, more wonderful news. If the rally last week left you feeling peppy, alas, global debt markets didn't share your enthusiasm -- witness the extremely tepid reception a new round of U.S. and U.K. debt offerings got from buyers today. Air travel numbers were horrific, indicating, by some opinions, a dire summer for the perennially strapped industry.

Continue reading Doomsday Scenario: Lame Treasury auctions, travel numbers shot down

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