Tuesday, December 27, 2011

Low Yields on US Debt Raises Concerns About Global Economy

The lead article in Ezra Klein's blog is about his concern over the global economy. He believes that the willingness of investors accept negative real interest rates on US treasuries is an expression of their concern over the global economy and an interest in secure assets. He also can't understand why the US does not use this borrowing capacity to fund infrastructure investments that can boost the US economy.

He has some other posts that worth reading in this blog.

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