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| Exclusive: Bill Gross Is Now Short US Debt, Hikes Cash To $73 ... By Tyler Durden This time, in another Zero Hedge first, we discover that it is no longer business for Bill - it has now become personal (and with an attendant cost of carry). In March, Pimco's flagship Total Return Fund (TRF) has now taken an active short .... Every quarter point adds how much to the federal budget (let alone state and local)? How can the banks who all borrow short to lend long survive rate hikes? I don't know how it's possible to hike rates without massive defaults. ... zero hedge - on a long enough... - http://www.zerohedge.com/fullrss2.xml | ||
| OBAMA Reached Breaking Point in BUDGET TALKS After Tense Hour With ... By MB Snow "Nope, zero," he told Boehner, according to a senior Democratic aide. "John, this is it." The room went silent. The tense negotiations culminating in a last- minute deal the next night to avert a government shutdown underscored the ... Snow Report Blog - http://sroblog.com/ |
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