This from the AP:
" a top Japanese official said the fuel rods in all three of the most troubled nuclear reactors appeared to be melting."
When the rods melt, the containment structure will be destroyed-so far 3 reactors are in danger. This is not at all good news.
On another note, US Treasuries are being sold today-my guess is that a Japanese entity is doing the selling, whether it be the government or insurance companies.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment