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European Powers Speculated to Let Greece Default on Debt – Market Update

by Kristen Curzytek on September 13, 2011 in Market Update

The U.S. government’s $21 billion auction of benchmark securities brought treasury prices down slightly yesterday. It’s looking more and more like Germany and other European powers are going to let Greece default on their debt, keeping investor bearish, due to fear of global economic slowdown.

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Tags: Auction of Benchmark Securities Benchmark Securities Debt Economic Slowdown European Powers Germany Greece Greece to Default Treasury Prices Treasury Prices Down U.S. Government

About Kristen Curzytek

Kristen has just finished her undergrad at Eastern Michigan University. Since writing is her first love, she's thrilled to be writing for Zing! as part of her internship. In her free time, she loves to garden and bake cupcakes. Kristen also enjoys the summer car shows that are all over Michigan, including the amazing Woodward Dream Cruise.

View all posts by Kristen Curzytek →

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