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发表于 2011-7-28 07:15 PM | 显示全部楼层 |阅读模式


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Big Firms Rush to Ease Trading

Banks are scrambling to design emergency plans to avoid a trading logjam in the markets for Treasurys and short-term funding facilities if Congress fails to raise U.S. borrowing limits by next Tuesday's deadline.

For weeks, Wall Street executives have called a U.S. default on its debt an "unthinkable scenario." In recent days, the Washington stalemate has prompted the large securities firms that dominate bond trading to come together to prevent a market breakdown.

Senior executives said that over the past two days, the largest dealers have held conference calls to discuss the consequences of a potential default on the markets, ...
发表于 2011-7-28 07:49 PM | 显示全部楼层
Individual investors are not worried.

Investor’s Intelligence reports that Bullish Sentiment rose to 49.5% from 46.2% last week (44.1% two weeks ago). Bearish Sentiment was unchanged on the week at 21.5% and those expecting a correction dropped to 29.0% from 32.3%
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发表于 2011-7-28 08:19 PM | 显示全部楼层
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