Quantcast Celebrity Status Quo: For the U.S., some serious bad news: Weak Debt Auction Spooks Market

Wednesday, March 25, 2009

For the U.S., some serious bad news: Weak Debt Auction Spooks Market

The government is running up record deficits in order to fund an array of plans to provide stimulus to the economy and support to the ailing financial system. Any suggestion that demand for U.S. government debt is weakening would be negative for stocks.

Stocks lost ground Wednesday after a weak auction of U.S. government debt stirred worries about how easily Washington will be able to raise money to fund its economic rescue program....

Read more "The U.S loves being in Debt, but cant bail itself out. And it wants more.The World say's, 'your on your own'.."

Source: www.finance.yahoo.com

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