On Apr 27, 2011, at 5:19 PM, Max Sawicky wrote:

> You might ask your friend why the financial markets are so dumb, since their 
> assessment of U.S. debt shows no effect of expected hyperinflation or 
> interest rate spikes. By day's end, the markets totally ignored the famous 
> S&P comment about US debt.

Actually, Treasuries ended the week a few bp's down in yield.

Doug
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