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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: US auction problens

US auction problens

posted on Mar 25, 2009 11:13AM

Not sure what they mean when they say "Investors gave an unexpectedly cool response to a $24 billion auction of 5-year Treasury notes"

Sounds like they sold the bonds but not at the expected price.

Later

Early Rally Fizzles After Weak Government Debt Auction- AP

Stocks lost ground after a weak auction of U.S. government debt stirred worries about how easily Washington will be able to raise money to fund its economic rescue program. Investors gave an unexpectedly cool response to a $24 billion auction of 5-year Treasury notes, which also sent prices for Treasurys lower.

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