Monday, May 21, 2012

U.S. lets China bypass Wall Street for Treasury orders

The US Treasury has been backdooring Wall Street in its debt sales to China.  The sharks are now eating the other sharks.  I guess the Chinese got tired of being front run by the primary dealers.

http://www.reuters.com/article/2012/05/21/us-usa-treasuries-china-idUSBRE84K11720120521

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