Art Cashin of UBS spoke on CNBC late yesterday about what he, and many traders on the floor, are thinking about treasury auctions and actions in the euro. Conspiracies abound.
- 0:15 Easing of the currency pressure turned markets around on Thursday
- 0:30 Some think that the Fed is coming in as a buyer for 30-year treasuries
- 0:50 Some also suspect the European Central Bank of entering the market to prop up the euro
- 1:38 The drain on Greek banks continues to have investors concerned
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