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Updated almost 14 years ago on . Most recent reply
So what are the rates going to do post Japanese earthquake/tsunami/nuclear disaster?
Japanese buy less of our debt cause it has to rebuild. Rates go up. The world’s money flows to perceived safety(that’s U.S. Treasuries) during times of crisis(Japan taking a hit would be considered a time of crisis). Rates go down. Is it a wash? This is a concern obviously for those trying to lock down long term debt for investments.