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The trend in yield is saying that fear at the end of every day is the dominant emotion. No one trusts the weekend convocations? Who is on the roster awaiting the gentle processes of the regulator? Wachovia follows WaMu I guess. In the end this can not be good for housing market, or have we stopped worrying about MBS/CDS now that the Congress is fixing things?
Sep 26 16:40 pm
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All Comments by whidbey »Bond Expert: Friday Outlook [View article]