Issue 4280. Last Updated: 11/23/2009

A T-Bond Bubble Waiting to Burst

By Alexei Bayer
Remember when the Dow Jones industrial average touched 14,000 a year ago? When gold reached $1,000 per troy ounce in May, and Moscow's RTS market index was trading above 2,500? Or when a barrel of oil cost $147 in July?

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