Italian debt management chief says foreign investors increasingly buying Italian BTPS since August
Fed's Lacker says risk that interest rates will rise rapidly when they start rising
JGBS: Japanese government bond prices were lower this morning in the wake of selling led by weak U.S. Treasury prices overnight and today's rise in Nikkei stocks. But the drop in JGB prices was relatively small as investors didn't sell bonds actively in the face of slower global growth. --Benchmark 10-year yield was 1.5 bps higher at 0.770% --2-year bonds untraded --5-year yield was 0.5 bps higher at 0.195% --20-year yield was 1.5 bps higher at 1.675% --30-year yield was 1.5 bps higher at 1.930%
Standby mode?
US: Obama: Value of China currency has gone up in recent years "because we have pushed them hard." Says US exports have increased significantly because of cases brought against China for unfair trade practices.
US: Romney: China does not play by the rules - for example keeping the value of their currency artificially low. Says China has been a currency manipulator "for years and years and years," yet Obama hasn't named it so. Said he would do so on day one of his presidency.
US: heated exchange between Obama and Romney over immigration, with lots of accusations flying but little of substance said.
US: Romney: the policies Obama has put in place -- such as Healthcare act and Dodd-Frank -- "have not let this economy take off and grow like it could have."
US: Obama on China: Romney "that last person" that's going to get tough on China. Notes his admin has brought twice as many cases against China over unfair trading practices as the last administration which has saved jobs. "That's the kind of trade actions that are required," he says.
US: Romney - An economy with a 7.8% unemployment rate "is not a real strong economy."
US: Romney: Obama's policies "puts us on the road to Greece."
US: Obama: want to give middle class families some relief, continue tax cuts for middle class families and small businesses. But if serious about reducing the deficit, then in addition to tough spending cuts the wealthy "have to do a little bit more."
A myślałem, że to tylko u nas spełnia się obietnice wyborcze dopiero tuż przed następnymi wyborami
. Wnioskuję z tego, że kadencje powinny trwać krótko...
A nie. To chyba chodzi o to, że powtarza się je przed kolejnymi wyborami
. Przecież trzeba sobie coś zostawić. Skoro raz zadziałało
US: Romney - middle income tax payers have been "buried" over the last four years. Want to lower the tax they pay, simplify the tax code.
US: Obama: its conceivable that Romney might bring gasoline prices down to pre-crisis levels. Why? "With his policies we might be back in that same mess."
US: Obama: "The most important thing we can do is make sure we control our own energy." Want to build on reducing US oil imports. Efficient energy ultimately the way to lower demand and keep gasoline prices lower.
US: presidential debate begins. Romney says middle class has been 'crushed' the last four years, says he knows what it takes to create jobs. Obama says have to reduce the deficit but in a balanced manner - get middle class to pay more, reduce spending on wars.
Obyśmy żyli w nieciekawych czasach...
PS. Wpadło mi w ucho
http://www.youtube.com/watch?v=A16VcQdT ... re=related
A tu nagle ni z gruchy ni z pietruchy Kangur zrobił wykop..
