<![CDATA[RealClearPolitics - Articles by Brendan Conway]]>http://www.realclearpolitics.com/authors/?id=23428Author <![CDATA[Stocks Sink as Economic Gloom Mounts]]> Thu, 22 Sep 2011 00:00:00 -0500 NEW YORK—Investors staged a flight from risk in global markets that sent U.S. stocks plummeting and 10-year Treasury yields to 1940s levels, after a gloomy outlook by the Federal Reserve renewed fears of a global economic slowdown.

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Traders at the New York Stock Exchange.

U.S. stocks hit successive lows throughout Thursday's session as investors sold off assets perceived as "risky" and fled to the dollar and to government bonds. The selloff started Wednesday. The Fed moved to increase the share of longer-dated Treasurys within its portfolio by $400 billion by June 2012, while selling shorter-term paper. But the planned effort,...]]>