Tuesday, May 17, 2011

The Invisible Attack Intensifies: Krugman

The Invisible Attack Intensifies

Those wily invisible bond vigilantes are at it again: as part of their cunning plan, they have driven the 10-year bond rate down to 3.11 percent.
As it happens, the Wall Street Journal has now been warning about the attack of the bond vigilantes for almost exactly three years.

Source

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