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Tuesday, August 3, 2010

Stocks Walk Over Treasuries

Cramer said with the yield on a two-year note dropping to an all time low of just 0.51% today, government Treasuries are now an outrageous rip-off, and he wouldn't be a buyer even if they were offered as "buy one, get one." He said while many investors bitten by stocks are flocking to Treasuries, they're simply sacrificing all of their potential upside.
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