Record Sell Off Of U.S. Bonds — Another hat tip to Tom C.
He informs us that foreigners sold a record $69 billion in U.S. Treasury Bonds in December, with sales of $23 billion for the week ended Dec. 28, which is the second highest U.S. bond sell-off in history.
Whatever can it mean? It can’t be anything bad, right? I mean, would President Obama have spent the last 10 days vacationing in Hawaii if there was a problem?