Global Capital Reserves: Concern for US Debt Downgrade Routs Treasuries, Dollar

Monday, May 18, 2009

Concern for US Debt Downgrade Routs Treasuries, Dollar

Interest rates have risen significantly today for U.S. debt also, due to concerns that its credit standing may also be downgraded. Treasuries and the Dollar have taken a hit.

Treasuries

Dollar

S Benard at 11:47 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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